Question

Schoove of Depreciation Cost 4 1 ay. op 2gooo 4800 18,200 1800 16,400 922 BV 903 B.V 14,600 2 Rearcing Balance Calculate fixe

i just want to know if i getting the percentage the right way
So everytime it gotta be the expected years over 100? To get the percentage
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Answer #1

Correct Answer:

A

Cost

$                 20,000.00

B

Residual Value

$                   2,000.00

C=A - B

Depreciable base

$                 18,000.00

D

Life [in years]

5

E=C/D

Annual SLM depreciation

$                    3,600.00

F=E/C

Straight Line Depreciation Method Rate

20.00%

G=F x 2

DDB Rate

40.00%

End of answer.

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