question archive A machine with a four year estimated useful life and an estimated 10% salvage value was acquired on January 1, 2003
Subject:AccountingPrice: Bought3
A machine with a four year estimated useful life and an estimated 10% salvage value was acquired on January 1, 2003. The depreciation expense for 2006 using the double declining balance method would be original cost multiplied by:
a 90% x 50% x 50% x 50%
b. 50% x 50% x 50%
c. 90% x 50% x 50%
d. 50% X 50%