If the straight line depreciation rate is 40% and starting book value is OMR 80,000 then what will be the double decliningbalance rate?OMR 16,00040%80%OMR 32,000zull lis islTOSHIBAF12F10F11SYSREF8F6

Double declining balance rate = 2 * Straight line depreciation rate

Answered: e double declining

Business

Accounting

e double declining

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If the straight line depreciation rate is 40% and starting book value is OMR 80,000 then what will be the double declining
balance rate?
OMR 16,000
40%
80%
OMR 32,000
zull lis isl
TOSHIBA
F12
F10
F11
SYSRE
F8
F6

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