Plant-Economics Mcqs for Chemical

Q.  The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the ?

a. Initial cost
b. Book value at the end of (n – 1)th year
c. Depreciation during the (n – 1)th year
d. Difference between initial cost and salvage value


ANSWER: See Answer
 
No explanation is available for this question!
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