Why the double declining balance method is used

Reference no: EM13203336

The Acme chemical company paid $45000 for research equipment, which it believes will have zero salvage value at the end of its 5 year life. If the straight line (SL) method is used, what will be its value after 2 years? What will be its value after 2 years if the Double Declining Balance (DDB) method is used?

Reference no: EM13203336

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Why the double declining balance method is used : The Acme chemical company paid $45000 for research equipment, which it believes will have zero salvage value at the end of its 5 year life. If the straight line (SL) method is used, what will be its value after 2 years What will be its value after 2 ..

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