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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 17
Animatics Corp. of Santa Clara, California, makes small servo systems with built-in controllers, amplifiers, and encoders so that they can control entire machines. The company purchased an asset 2 years ago that has a 5-year recovery period. The depreciation charge by the MACRS method for year 2 is $24,320.
a) What was the first cost of the asset
b) How much was the depreciation charge in year 1
c) Develop the complete MACRS depreciation and book value schedule using the VDB function.
a) What was the first cost of the asset
b) How much was the depreciation charge in year 1
c) Develop the complete MACRS depreciation and book value schedule using the VDB function.
Explanation
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It is given that the asset was purchased...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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