Multiple Choice
The formula to compute annual straight-line depreciation is:
A) Cost divided by useful life in units.
B) Depreciable cost divided by useful life in units.
C) (Cost minus salvage value) divided by the useful life in years.
D) Cost multiplied by useful life in years.
E) (Cost plus salvage value) divided by the useful life in years.
Correct Answer:
Verified
Correct Answer:
Verified
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