Solution-Explain the double-declining-balance method

Explain the double-declining-balance method

Reference no: EM131628069

Question: 1. Use the double-declining-balance method to make a depreciation schedule for equipment that cost $4,500 and has a salvage value of $300. The equipment is expected to last five years.

2. A robot designed to paint cars costs $25,000 and is expected to last eight years. It will have a scrap value of $2,500. Use the 200%-declining-balance method to make a depreciation schedule for the robot.

Reference no: EM131628069

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Explain the double-declining-balance method : Use the double-declining-balance method to make a depreciation schedule for equipment that cost $4,500 and has a salvage value of $300.

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Explain the double-declining-balance method

Reference no: EM131628069

Reference no: EM131628069

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