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4
How does the double declining balance method work?
100% / useful life = straight line rate
straight line rate * 2 = Double declining balance rate
Dep expense = Double declining balance rate * Beginning period Book Value
straight line rate * 2 = Double declining balance rate
Dep expense = Double declining balance rate * Beginning period Book Value
Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 31.03.2010