SOLUTION: A small brewing company purchases a bottling plant for $160,000. The plant machinery depreciates at a rate of 15% per annum. Which method gives the greatest amount of depreciation
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Question 1145928: A small brewing company purchases a bottling plant for $160,000. The plant machinery depreciates at a rate of 15% per annum. Which method gives the greatest amount of depreciation over 5 years and by how much? Found 2 solutions by greenestamps, chelmel19:Answer by greenestamps(13200) (Show Source):
You can put this solution on YOUR website! The question does not say. I am going to assume the two methods are Straight Line Depreciation and Reducing Balance Depreciation