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An Asset Has Been Bought and the Following Figures Apply;

Question 2

Multiple Choice

An asset has been bought and the following figures apply; purchase price = €10 500,delivery charge = €250,installation cost = €175,annual maintenance costs = €150,spare parts = €100.What cost should be used for depreciation purposes?


A) €10 500
B) €10 750
C) €10 925
D) €11 075

Correct Answer:

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