The Formula for Calculating Straight-Line Depreciation Is

question 61

Multiple Choice

The formula for calculating straight-line depreciation is:

• A) Cost divided by useful life in years.
• B) Depreciable cost divided by the useful life in years.
• C) Cost plus residual value divided by the useful life in years.
• D) Depreciable cost divided by useful life in units.
• E) Cost divided by useful life in units.

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