Business, 23.12.2019 22:31, Racheal9145
Acompany purchased office equipment for $40,000 and estimated a salvage value of $8,000 at the end of its five-year useful life.
the constant percentage to be applied against book value each year if the double-declining-balance method is used is:
a. 20%
b. 25%
c. 40%
d. 4%
Answers: 3
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Acompany purchased office equipment for $40,000 and estimated a salvage value of $8,000 at the end o...
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