Annual depreciation as per straight line method, is calculated by?

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Annual depreciation as per straight line method, is calculated by the capital cost minus the salvage value, is divided by the number of years of life.

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Description : Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

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Description : Depreciation is calculated: a. using a 3-year MACRS. b. using a 5-year MACRS. c. over a straight line 5-year period. d. over a straight line 10-year period. e. over a straight line 15-year period.

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