When a company revises an estimate used to record depreciation expense, the company should revise depreciation by using the formula - revised salvage value)/revised remaining useful life.

Which statements describe resources? the use of nonrenewable resources has decreased in recent history. resources are unevenly distributed throughout the world. resource availability is one of the factors people use when deciding where they will live. renewable resources have little value for people. more developed countries (mdcs) use most of the world's resources. the largest use of the world's resources is energy.