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Exhibit 1A-3 Straight line
-As shown in Exhibit 1A-3, the slope of straight line AB:
Double-Declining-Balance
A method of accelerated depreciation that doubles the straight-line depreciation rate; it applies this rate to the book value of the asset at the beginning of each year.
Depreciation
The process by which a business spreads out the cost of a capital asset over its expected useful life.
Double-Declining-Balance
A method of accelerated depreciation which doubles the straight-line depreciation rate, resulting in a faster depreciation of assets in the early years of their life.
Depreciation Expense
The organized allocation of a tangible asset's expenditure over its life of usefulness.
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