depreciation example. a depreciable asset has an original cost of $100,000, a salvage value of $15,000, and…

depreciation example. a depreciable asset has an original cost of $100,000, a salvage value of $15,000, and a 5 - year useful life. which method would get the asset to its salvage value the fastest? straight - line depreciation. 200% declining - balance depreciation. 150% declining - balance depreciation. all of these methods would be equally fast. skip for now. submit answer.

depreciation example. a depreciable asset has an original cost of $100,000, a salvage value of $15,000, and a 5 - year useful life. which method would get the asset to its salvage value the fastest? straight - line depreciation. 200% declining - balance depreciation. 150% declining - balance depreciation. all of these methods would be equally fast. skip for now. submit answer.

Answer

Explanation:

Step1: Recall depreciation methods

Straight - line depreciation evenly distributes the depreciable amount over the useful life. Declining - balance methods (200% and 150%) front - load depreciation. But over the full useful life of 5 years for an asset with an original cost and a salvage value, all these methods will depreciate the asset from its original cost to its salvage value.

Answer:

All of these methods would be equally fast