blessedkg7777 blessedkg7777
  • 24-09-2016
  • Mathematics
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A new piece of equipment costs $18,000 with a residual value of $600 and an estimated useful life of five years. Assuming twice the straight-line rate, the book value at the end of year 2 using the declining-balance method is:

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HayHayABA26
HayHayABA26 HayHayABA26
  • 25-09-2016
30 is the correct answer
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