An asset value is $140,000. It will be depreciated over five years, and the factor entered is 200%. The depreciation rate for this method is 200% x (1/5) = 40%.
The first period calculation is 140,000 x 40% = 56,000.
An asset value is $140,000. It will be depreciated over five years, and the factor entered is 200%. The depreciation rate for this method is 200% x (1/5) = 40%.
The first period calculation is 140,000 x 40% = 56,000.
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