Determine the Specified Calculation $2.462$ B) $0.757$ C) $1.32$ D) $0.406$

question 8

Multiple Choice

Determine the specified calculation.
-

• A)\(2.462\)
• B) \(0.757\)
• C) \(1.32\)
• D) \(0.406\)

---

Definitions:

Straight-Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Depreciation Expense

An accounting method to allocate the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Residual Value

The estimated value of an asset at the end of its useful life.

Double Diminishing-Balance

A method of accelerated depreciation that computes depreciation at double the rate of the straight-line method.