Discussion
For that same asset the book value after 2 years under double declining balance is
Answer: A
The first year takes 40 per cent of 50 000, that is 20 000, and the second 40 per cent of the remaining 30 000, that is 12 000, so 32 000 has gone and 18 000 remains. Straight line with zero salvage would have left 30 000.
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