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The least commonly used depreciation method is the sum-of-the-years'-digits (SYD) method. This method accelerates depreciation more than straight-line but less than double declining balance, making it less appealing for many businesses that prefer simpler or more aggressive methods. Its complexity and the fact that many assets do not experience significant depreciation in earlier years contribute to its infrequent use.

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11mo ago

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Related Questions

What depreciation method does target use?

the straight line method


Which method of depreciation would you use if you were to receive a bonus which is based on net profit?

which method of depreciation to use when bonus is received that is based on net profit


What method of depreciation does Target Corp use on their financial statements?

According to their annual report, Target generally uses the accelerated depreciation method.


Accelerated depreciation method?

Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.


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Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.


Depreciation straight line method?

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