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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
An asset has a cost of $50,000 with a residual value of $10,000. It has a life of 5 years and was purchased on January 1. Its fourth full year of depreciation expense under double-declining-balance will be:
A) $7,200.
B) $4,320.
C) $800.
D) $0.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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#1
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7 years ago
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bravata Author
wrote...

7 years ago
Thanks for your help!!
novae
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kater28
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2 hours ago
Good timing, thanks!
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