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