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allochka39001 [22]
3 years ago
6

The double-declining-balance rate for calculating depreciation expense is determined by doubling the straight-line rate. Assumin

g that an asset has a useful life of 25 years, determine the rate to be used if using the double-declining-balance method
Business
1 answer:
Rudik [331]3 years ago
3 0

Answer:

the  depreciation rate in cash when the double-declining method should be used is 8%

Explanation:

The computation of the depreciation rate in cash when the double-declining method should be used is given below:

= 1 ÷ useful life × 2

= 1 ÷ 25 × 2

= 0.08

= 8%

Hence, the  depreciation rate in cash when the double-declining method should be used is 8%

The same should be relevant and considered too

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2 years ago
Beyer Company is considering the purchase of an asset for $370,000. It is expected to produce the following net cash flows. The
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Answer:

3.55 years

Explanation:

The payback period is the length of time it takes for Beyer Company to recoup the initial investment of  $370,000.

In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation

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3 years ago
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7 0
3 years ago
What will be its effect on trade if business gets expands​
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Answer:

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Hope this helped!!!

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Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production volume is the production volume of corn.

Learn more about production here:brainly.com/question/16755022

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2 years ago
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