The sum-of-the-years'-digits method of depreciation is being used for a machine with a five-year estimated useful life.What would be the fraction applied to the cost to be depreciated in the fourth year?
A) 2/5
B) 4/5
C) 2/15
D) 4/15

Name: The sum-of-the-years'-digits method of depreciation is being used for a machine with a five-year estimated useful life.What would be the fraction applied to the cost to be depreciated in the fourth year? A) 2/5 B) 4/5 C) 2/15 D) 4/15
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Question

Quizplus · Accepted Answer

The Answer is C

The Sum-Of-The-Years'-Digits Method of Depreciation Is Being Used for a Machine