Double-declining-balance depreciation computes annual depreciation by multiplying the asset's book value at the beginning of the year by two times the straight-line rate.

Question

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Double-declining-balance depreciation does indeed compute annual depreciation by multiplying the asset's book value at the beginning of the year by two times the straight-line rate.

Double-Declining-Balance Depreciation Computes Annual Depreciation by Multiplying the Asset's Book