A motorcycle purchased for 12,500 today will be valued 7% less each year. How much could you expect to receive for the motorcycl
1 answer:
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The calculation of annual depreciation using the straight line depreciation method is given by Depreciable Cost / Estimated useful life
Option B is the right answer.
The missing Options are attached with the answer.
<h3>What is Depreciation ?</h3>Depreciation is an account entry , which depicts the fall in tyhe net value of an asset with time.
It includes the depreciation of automobiles , machines etc.
Various methods are used and accepted world wide for calculation of Depreciation
The calculation of annual depreciation using the straight line depreciation method is given by
Depreciable Cost / Estimated useful life
Therefore Option B is the right answer.
To know more about Depreciation.
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