Answer to Question #117432 in Economics of Enterprise for HASAN

Question

8. An asset costs $14 000. At a depreciation rate of 20 percent, calculate its book value using the declining-balance method.

Q8 ANSWER:
a) After one year ( 3 points)
……………..= ………………………….. = …………….
b) After four years ( 3 points)
……………..= ………………………….. = …………….
c) After seven years ( 3 points)
……………..= ………………………….. = …………….

Answer 1

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