The answer is D as you can see in the picture
1650 / 55 = 30
Hope it helps you
Answer:
At the end of the 2 year, the book value of the truck is $12,600
Step-by-step explanation:
we know that
<u><em>Double declining balance method</em></u> is a form of an accelerated depreciation method in which the asset value is depreciated at twice the rate it is done in the straight-line method.
Step 1
Determine the straight-line depreciation rate
Divide the total cost by the number of years in the asset's useful life.
Step 2
Then, multiply that number by 2 and that is your Double-Declining Depreciation Rate
-----> is the depreciation for Year 1
Step 3
At the end of the first year, the book value of the truck is
Step 4
For Year 2, we will apply the same formula to the book value of the truck by the end of Year 1
-----> is the depreciation for Year 2
therefore
At the end of the 2 year, the book value of the truck is
14^3 , as when you divide powers, you simply minus them from each other
Answer:
I think that the 3rd and 4th are parallel because if you go to the letters and trace (that's what I did, I'm twelve :D) then they make a triangle, and those triangles are parallel to each other.