The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the Options: A . &nbspInitial cost B . &nbspBook value at the end of (n - 1)th year C . &nbspDepreciation during the (n - 1)th year D . &nbspDifference between initial cost and salvage value

The depreciation during the year 'n', in diminishing balance method of depreciat

Discussion Forum : Chemical Engineering Plant Economics

Question - The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Options:

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: Option B

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Discussion Forum : Chemical Engineering Plant Economics

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