3 depreciation expense is closest to:A. $27 200B.$

财务会计 已帮助: 时间:2024-11-15 00:47:36

3 depreciation expense is closest to:
A. $27,200
B.$16,320
C. $9,792

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题库:财会类考试,特许金融分析师(C,CFA一级

标签:closest,to,is

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2024-11-15 00:47:36

Ans:C
Double-declining balance method does not consider salvage value when calculating depreciation. So depreciation expense on:
Year 1= 2/5($68,000-0)= $27,200
Year 2= 2/5($68,000-27,200)=$16,320
Year 3= 2/

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