P = 164,000, N=25 and S25 = 17,000. Find D12 using double-declining balance approach associated with the book method

Trusted by Students Everywhere

Google USA

Why Choose Us?

0% AI Guarantee

Human-written only.

24/7 Support

Anytime, anywhere.

Plagiarism Free

100% Original.

Expert Tutors

Masters & PhDs.

100% Confidential

Your privacy matters.

On-Time Delivery

Never miss a deadline.

P = 164,000, N=25 and S25 = 17,000

Economics Apr 03, 2021

P = 164,000, N=25 and S₂₅ = 17,000. Find D₁₂ using double-declining balance approach associated with the book method

Expert Solution

Computation of the D12:-

Double declining depreciation rate (r) = 2 / 25

= 8%

n = 12

Depreciation = P *(1-r)^(n-1) * r

= $164,000*(1-8%)^(12-1)*8%

= $164,000*0.03197

= $5,243.24

Archived Solution

Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In

Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution

Get Custom Quote