Solved

Asset C3PO Has a Depreciable Base of $16

Question 77

Multiple Choice

Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at the end of year five under the sum-of-the-years' digits method?


A) $ 4.5 million.
B) $8.25 million.
C) $ 12 million.
D) None of these is correct.$16.5 million [(10 + 9 + 8 + 7 + 6) /55] = $12 million

Correct Answer:

verifed

Verified

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

Related Questions