Question: This question deals with salvage value. A. Does the formula for double declining balance contain a factor for salvage value? B. How does an accountant

This question deals with salvage value.

A. Does the formula for double declining balance contain a factor for salvage value?

B. How does an accountant using the double declining balance method of depreciation ensure that the asset is not depreciated so much that the book value becomes less than the salvage value?

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