In 20X3, WD Company reported the cost of its theme parks, resorts, and other assets at $14,037 million and the accumulated depreciation at $5,382 million. In that same year, "Toys 4 U" reported $5,610 million in operating assets and accumulated depreciation on them of $1,398 million.
1. Estimate the approximate remaining life of the assets for WD Company and "Toys 4 U".
2. Which company appears to have newer assets with longer remaining lives?

Question

In 20X3, WD Company reported the cost of its theme parks, resorts, and other assets at $14,037 million and the accumulated depreciation at $5,382 million. In that same year, "Toys 4 U" reported $5,610 million in operating assets and accumulated depreciation on them of $1,398 million. 
1. Estimate the approximate remaining life of the assets for WD Company and "Toys 4 U". 
 2. Which company appears to have newer assets with longer remaining lives?

Quizplus · Accepted Answer

The Answer of In 20X3, WD Company reported the cost of its theme parks, resorts, and other assets at $14,037 million and the accumulated depreciation at $5,382 million. In that same year, "Toys 4 U" reported $5,610 million in operating assets and accumulated depreciation on them of $1,398 million. 
1. Estimate the approximate remaining life of the assets for WD Company and "Toys 4 U". 
 2. Which company appears to have newer assets with longer remaining lives?

In 20X3, WD Company Reported the Cost of Its Theme