accounting question?

Question

what is the Double - Declining Balance method, How do I come up with the percent or fraction/ could anyone set an example

Answer 1

Declining-balance depreciation provides another way for companies to shift a disproportionate amount of depreciation expense to the first years of an asset's useful life. Declining-balance depreciation is found by multiplying an asset's net book value (not its depreciable cost) by some multiple of the straight-line rate for the asset. The straight-line rate is one divided by the number of years in the asset's useful life. Companies typically use twice (200%) the straight-line rate, which is called the double-declining-balance rate, but rates of 125%, 150%, or 175% of the straight-line rate are also used. Once the declining-balance depreciation rate is determined, it stays the same for the asset's useful life.

Click on the link and scroll down till you reach the double declining method for an illustration of how to calculate it.

Answer 2

Use google and ask that question. You will get the answer and an example.