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Trava [24]
3 years ago
11

For the composite method, the composite...(a)rate is the total cost divided by the total annual depreciation.(b)rate is the tota

l annual depreciation divided by the total depreciable cost.(c)life is the total cost divided by the total annual depreciation.(d)life is the total depreciable cost divided by the total annual depreciation.
Business
1 answer:
kotykmax [81]3 years ago
3 0

Answer:

The correct answer is letter "C": life is the total cost divided by the total annual depreciation.

Explanation:

The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.

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