Business, 27.06.2020 17:01 shyterria1329
The purchase price of a piece of manufacturing equipment was $150,000. An additional $15,000 was spent in freight and setup of the equipment. Anticipated salvage value is $10,000, and the machinery has a 7 year useful life. Assuming full year of depreciation and use of the double declining balance method, what is the annual depreciation for year 2
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The purchase price of a piece of manufacturing equipment was $150,000. An additional $15,000 was spe...
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