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What is the depreciation base used to calculate depreciation under 1 5 0 % D B ? Book value Cost Book value - salvage Cost
What is the depreciation base used to calculate depreciation under
Book value
Cost
Book value salvage
Cost salvage
Question
What is the depreciation rate as a percentage?
Waterworld company purchased equipment on for $ They estimate the salvage value to be $ with a useful life of years. The company has elected to use the Declining Balance method. Round all Depreciation Expense amounts to the nearest dollar.
Lively Suggestion: Work out the entire depreciation schedule, then answer the questions using your work.
Question
pts
What is the depreciation base used to calculate depreciation under DB
Book value
Cost
Book value salvage
Cost salvage
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