The depreciation during the year ' n ', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ' N ' to the

depreciation during the ( n - 1)th year.

book value at the end of ( n - 1)th year,

difference between initial cost and salvage value.

The depreciation during the year ' n ', in diminishing balance method

1.	The depreciation during the year ' n ', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ' N ' to the
A.	initial cost.
B.	book value at the end of ( n - 1)th year,
C.	depreciation during the ( n - 1)th year.
D.	difference between initial cost and salvage value.
Answer» C. depreciation during the ( n - 1)th year.

Discussion

No Comment Found

Related MCQs

The amount of simple interest during \'n\' interest period is (where, i = interest rate based on the length of one interest period, p = principal)
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital
\'Lang factor\' is defined as the ratio of the capital investment to the delivered cost of major equipments. The value of \'Lang factor\' for fixed capital investment, for a solid-fluid processing chemical plant ranges from
A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciatio
The amount of simple interest during ' n ' interest period is (where, i = interest rate based on the length of one interest period, p = principal)
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost Â x The most major component of this cost index is
Lang factor' is defined as the ratio of the capital investment to the delivered cost of major equipments. The value of 'Lang factor' for fixed capital investment, for a solid-fluid processing chemical plant ranges from
The amount of compounded interest during ' n ' interest periods is
If ' S ' is the amount available after ' n ' interest periods for an initial principal ' P ' with the discrete compound interest rate ' i ', the present worth is given by
According to six-tenths-factor rule, if the cost of a given unit at one capacity is known, then the cost of similar unit with ' ' times the capacity of the first unit is approximately equal to __________ times the cost of the initial unit.

The depreciation during the year ' n ', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ' N ' to the

Discussion

No Comment Found

Related MCQs

Reply to Comment