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the formula for the sum-of-the-years'-digits method is the depreciable base times the depreciation rate, which is calculated as multiple choice question. the sum-of-the-years'-digits times the previous year's depreciation expense. the number of years remaining in the asset's life divided by the number of years of depreciation recognized to date. the numbers of years remaining in the asset's life divided by the sum-of-the-years'-digits. book value times the depreciation rate per year.

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The formula for the sum-of-the-years'-digits method is the depreciable base times the depreciation rate, which is calculated as the numbers of years remaining in the asset's life divided by the sum-of-the-years'-digits.

stages of the asset lifecycle

The plan, acquire, utilize, maintain, and dispose phases are the five basic phases that every asset goes through. The usage and maintenance phases take up the majority of time, but every step is crucial to ensure that you get the most out of your asset life. The percentage rate at which an asset depreciates over its anticipated useful life is known as the depreciation rate. The percentage of a corporation's long-term investment in an asset that the company claims as a tax-deductible expense throughout the asset's useful life may also be used to define it. The depreciation rate is the total amount depreciated each year, expressed as a percentage.

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