Solved

The Sum-Of-The-Years'-Digits Method of Depreciation Is Being Used for a Machine

Question 11

Multiple Choice

The sum-of-the-years'-digits method of depreciation is being used for a machine with a five-year estimated useful life. What would be the fraction applied to the cost to be depreciated in the fourth year?


A) 4/5
B) 2/5
C) 4/15
D) 2/15

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions