In regards to "Straight Line Depreciation (B=$1000, S=$0, N=10) vs. Declining Balance (B=$1000, D=10%)", what i declining balance depreciation is having D=30%, then (a) what is the BV at the end of the 10th year: $ (keep two decimal places) (b) in the comparison chart, is the declining balance depreciation line straightly above intersect in the middle of the two lines intersect at the end of the two lines when it reaches salvage straightly below ◆ the straight line depreciation line.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In regards to "Straight Line Depreciation (B=$1000, S=$0, N=10) vs. Declining Balance (B=$1000, D=10%)", what if
declining balance depreciation is having D=30%, then
(a) what is the BV at the end of the 10th year: $
(keep two decimal places)
(b) in the comparison chart, is the declining balance depreciation line
straightly above
intersect in the middle of the two lines
intersect at the end of the two lines when it reaches salvage
straightly below
the straight line depreciation line.
Transcribed Image Text:In regards to "Straight Line Depreciation (B=$1000, S=$0, N=10) vs. Declining Balance (B=$1000, D=10%)", what if declining balance depreciation is having D=30%, then (a) what is the BV at the end of the 10th year: $ (keep two decimal places) (b) in the comparison chart, is the declining balance depreciation line straightly above intersect in the middle of the two lines intersect at the end of the two lines when it reaches salvage straightly below the straight line depreciation line.
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