In 2012,WD Company reported the cost of their parks,resorts and other related property at $15,869 million and accumulated depreciation on these assets at $6,220 million.The remaining estimated life of these assets is approximately
A)61%.
B)39%.
C)45%.
D)Cannot be determined from the given information.

Question

Quizplus · Accepted Answer

Accumulated depreciation is $6,220 million and the cost of the assets is $15,869 million. So, the remaining value of the assets is $15,869 million - $6,220 million = $9,649 million. The remaining estimated life of the assets is approximately $9,649 million / $15,869 million * 100% = 61%.

In 2012,WD Company Reported the Cost of Their Parks,resorts and Other