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zimovet [89]
2 years ago
7

When a company revises an estimate used to record depreciation expense, the company should revise depreciation by using the form

ula _______ - revised salvage value)/revised remaining useful life.
Social Studies
2 answers:
Gelneren [198K]2 years ago
8 0

Answer:

Book Value

Explanation:

JulsSmile [24]2 years ago
8 0

Answer:

<u>Book Value</u>

Explanation:

Depreciation refers to fall in the value an asset as a result of normal wear and tear or due to efflux of time.

Depreciation is calculated using the following formula:

Depreciation expense per annum = \frac{Original\ Cost\ -\ Estimated\ Salvage\ Value}{Life\ of\ the\ asset\ }

When, a company revises an estimate such as salvage value or remaining useful life of the asset, depreciation expense would be recomputed using the following formula:

Depreciation expense = \frac{Book\ Value\ - Revised\ Salvage\ Value}{Remaining\ Useful\ Life\ Of\ the\ Asset}

wherein, Book Value = Original Cost - Accumulated Depreciation till date

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What is considered an important Roman contribution to American Government? <br> (Answers in picture)
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Consider the machine from the previous question. If you were responsible for tuning this machine, what evaluation metric would you want to maximize to ensure all criminals (people about to commit a crime) are imprisoned (where crime is the positive label)?

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