Question

Emil Company expects that its asset will be more useful during early years of its life than during later years. In addition, the company estimates that repair costs will increase over time. Which method(s) may help equalize total expenses recognized over the service life of this asset

Answer 1

Answer: sum of the years digits

double decling balance

Explanation:

Sum-of-the-years'-digits is a method that is used in calculating the depreciation of an asset's depreciation.

In this method, the expected life of the asset is taken and then added together

to each year's digit.

For example, if an asset was believed that it would last for four years, then it should be noted that the sum of the years' digits would then be gotten by adding: 4 + 3 + 2 + 1 = 10.