Question: Why do you think the 150% DB method is used as the basis for depreciation for 15-year and 20-year classes of equipment?

Why do you think the 150% DB method is used as the basis for depreciation for 15-year and 20-year classes of equipment?

Step by Step Solution

3.31 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

ANSWER The 150 Declining Balance DB method is a form of accelerated depreciation commonly used for certain classes of equipment with useful lives of 1... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Construction Project Management Questions!