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Author Question: A piece of equipment cost $700 and has a salvage value of $500. If it has a 5-year life, the annual ... (Read 125 times)

misspop

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on: Feb 18, 2020
A piece of equipment cost $700 and has a salvage value of $500. If it has a 5-year life, the annual depreciation expense under straight-line depreciation would be:
◦ $500.
◦ $140.
◦ $40.
◦ $200.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by misspop on Feb 18, 2020

l.stuut

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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misspop

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Reply 2 on: Feb 18, 2020
Thanks for the timely response, appreciate it

bimper21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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