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To complete this table using the declining-balance method of depreciation, we need to calculate the straight-line rate for a useful life of 2 years.

The straight-line depreciation rate formula is:

\[
\text{Straight-Line Rate} = \frac{100\%}{\text{Useful Life (Years)}}
\]

For a useful life of 2 years:

\[
\text{Straight-Line Rate} = \frac{100\%}{2} = 50\%
\]

Now, applying this to the table:

- **Straight-Line Rate (%)**: 50%
- **Multiple (%)**: Given as 200%, which is correct.
- **Declining-Balance Rate (%)**: Calculated as \(50\% \times 2 = 100\%\), which is also correctly filled in.

Would you like more details on the declining-balance method, or do you have any other questions?

Here are 5 questions that build upon this topic:
1. How would the declining-balance rate change if the useful life were 5 years instead?
2. What is the impact of using a higher multiple on the depreciation schedule?
3. How does the declining-balance method compare to the straight-line method in terms of expense timing?
4. Can you explain why companies might choose the declining-balance method over other depreciation methods?
5. How would the straight-line rate calculation differ if partial-year depreciation were considered?

**Tip:** The declining-balance method results in higher depreciation expenses in the earlier years of an asset's life, which can be beneficial for matching expenses with revenues generated in those early periods.

Complete using the declining-balance method of depreciation. Round to the nearest hundredth of a percent when necessary.

Learn how to calculate the depreciation rate using the declining-balance method. For a useful life of 2 years, find the straight-line rate and determine the declining-balance rate with a 200% multiple. This problem illustrates how to apply key depreciation formulas for accurate financial calculations.

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