A trader followed WDV method of depreciation; the book value of assets after 4 years is 24% of original cost. Find rate of depreciation ________.
A. 24%
B. 26%
C. 32%
D. 30%
Answer:D
A trader followed WDV method of depreciation; the book value of assets after 4 years is 24% of original cost. Find rate of depreciation ________.
A. 24% B. 26% C. 32% D. 30%