Most companies compute depletion on natural resources (such as oil wells) using the double declining balance method.

Name: Most companies compute depletion on natural resources (such as oil wells) using the double declining balance method.
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Most companies compute depletion on natural resources using the units-of-production method, where the depletion rate is based on the amount of resource extracted each period. The double declining balance method is a method of depreciation, not depletion.

Most Companies Compute Depletion on Natural Resources (Such as Oil