Computer · Estimation and Costing
The formula for calculating annual depreciation under the Straight-Line Method is:
- 1Depreciation = Original Cost × Useful Life
- 2Depreciation = Useful LifeOriginal Cost
- 3Depreciation = Original Cost - Salvage ValueUseful Life✓
- 4Depreciation = Total CostUseful Life
Correct answer
Depreciation = Original Cost - Salvage ValueUseful Life
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