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Calculate the double-declining balance depreciation schedule for a $1,000 item that will last four years. What...

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Finance

Calculate the double-declining balance depreciation schedule fora $1,000 item that will last four years. What is the estimatedsalvage value?

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Under double declining balance method depreciation is calculated by the following formula Depreciation 2 1 N Cost Accumulated depreciation where n is the no of years or useful life and accumulated depreciation is depreciation charged till date For first year accumulated depreciation will be zero So    See Answer
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Calculate the double-declining balance depreciation schedule fora $1,000 item that will last four years. What is the estimatedsalvage value?

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