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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 24
The depreciation charge for a 5-year, straight line depreciated vehicle is $3000 in year 4. If the first cost was $20,000, the salvage value used in the depreciation calculation was closest to:
a) $0
b) $5000
c) $2500
d) $7500
a) $0
b) $5000
c) $2500
d) $7500
Explanation
Verified
Verified
Depreciation refers to the allocation of...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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