Which of the Following Is the Correct Formula for Calculating

question 149

Multiple Choice

Which of the following is the correct formula for calculating depreciation under the straight-line method?

• A) Straight-line depreciation = (Cost + Residual value) / Useful life
• B) Straight-line depreciation = (Cost - Residual value) / Useful life
• C) Straight-line depreciation = (Cost + Residual value) × Useful life
• D) Straight-line depreciation = (Cost - Residual value) × Useful life

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