How Much More Grain Is Consumed by Livestock Than by People

question 42

Multiple Choice

How much more grain is consumed by livestock than by people?

• A) one-half as much
• B) about the same
• C) 5 times as much
• D) 10 times as much

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Definitions:

Annual Depreciation

The amount of an asset's cost that is allocated as expense across one year of its useful life, reflecting the asset's loss of value over time.

Double-declining-balance Method

A method of accelerated depreciation which doubles the straight-line depreciation rate, applying it against the un-depreciated balance each year.

Depreciation Schedule

A table detailing the periodic depreciation expense for an asset over its useful life.

Annual Depreciation

The process of allocating the cost of a tangible asset over its useful life on a yearly basis.