The double declining-balance is a depreciation method generally results in the lowest net income for the first year a plant asset is utilized.
What is double declining balance (DDB) method all about?
The double declining balance method can e explained as type of declining balance method that uses double the normal depreciation rate.
Some of the Depreciation rates used are;
- 250% of the straight-line rate.
Learn more about double declining balance (DDB) method at:
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