The Formula for Computing Annual Straight-Line Depreciation Is

question 2

Multiple Choice

The formula for computing 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 less 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.

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