The formula for calculating the double-declining-balance method is
a. book value at beginning of the year less residual value x 2 / estimated service life.
b. historical cost less residual value x 2/estimated service life.
c. historical cost x 1/service life.
d. book value at beginning of year x 2/estimated service life
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Home » Business » The formula for calculating the double-declining-balance method is a. book value at beginning of the year less residual value x 2 / estimated service life. b. historical cost less residual value x 2/estimated service life. c.