Respond to the following in a minimum of 175 words: How would you determine a delivery truck's useful life to your business? How would you approximate the salvage value for the delivery truck? Remember, salvage value would need to be determined for the end of the useful life to your business, not just the end of the truck's actual physical life. Would you prefer an accelerated depreciation method or the straight-line method in depreciating the truck? Why?

Answer rating: 100% (QA)

Determining a delivery trucks useful life and approximating its salvage value are critical for effective financial planning and asset management First... View the full answer