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When straight-line depreciation is used, the depreciation rate of an asset is equal to: A....

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Accounting

When straight-line depreciation is used, the depreciation rate of an asset is equal to:

A. 1 divided by the cost of the asset

B. The cost of the asset minus its salvage value, divided by the life of the asset

C. 1 divided by the life of the asset

D. The cost of the asset divided by the life of the asset

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