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Author Question: Protection Inc purchased a fireproof safe for 3,850. Delivery costs totaled 134. The salvage value ... (Read 234 times)

pane00

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on: Jun 24, 2018
Protection Inc purchased a fireproof safe for 3,850. Delivery costs totaled 134. The salvage value is 924 after 7 years. Using the 125 declining-balance depreciation method, calculate the book value at the end of year 1. (Round the declining-balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
 A) 1515.08
  B) 3,272.46
  C) 2,945.83
  D) 2,285.70

Question 2

What word is represented by the abbreviation: cwt


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smrtceo

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

100 weight


pane00

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

xoxo123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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