Business, 15.04.2020 21:01 krystalhurst97
Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage, assuming that the residual value of the fixed asset is to be ignored:
(a) 4 years,
(b) 8 years,
(c) 10 years,
(d) 16 years,
(e) 25 years,
(f) 40 years,
(g) 50 years.
If required, round your answers to two decimal places.
Years Percentage
a. 4 years ? %
b. 8 years ? %
c. 10 years ? %
d. 16 years ? %
e. 25 years ? %
f. 40 years ? %
g. 50 years ? %
Answers: 2
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