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OpenStudy (anonymous):
5. True or false. Suppose an asset is being depreciated linearly. Then the rate of depreciation of the asset is given by the negative of the slope of the depreciation line.
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OpenStudy (nurali):
i think It's True. As time passes, the asset is written off the books in a linear way (as in 10% per annum, for example). This example would result in a slope of -1/10 (down 1, over 10).
OpenStudy (nurali):
Welcome to Openstudy.
OpenStudy (tkhunny):
Very odd question. What does "Rate" mean? It can mean a percentage (which will not be linear) or a flat amount (which will be linear).
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