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Snezhnost [94]
2 years ago
5

Which depreciation method generally results in the lowest net income for the first year a plant asset is utilized?.

Business
1 answer:
lesya692 [45]2 years ago
6 0

The double declining-balance  is a depreciation method generally results in the lowest net income for the first year a plant asset is utilized.

<h3>What is double declining balance (DDB) method all about?</h3>

The double declining balance  method  can  e explained as type of declining balance method that uses double the normal depreciation rate.

Some of the Depreciation rates used  are;

  • 150%, 200% (double)
  • 250% of the straight-line rate.

Learn more about double declining balance (DDB) method at:

brainly.com/question/15418098

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