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Author Question: An asset has a cost of $50,000 with a residual value of $10,000. It has a life of 5 years and was ... (Read 112 times)

wrbasek0

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on: Feb 18, 2020
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: (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
◦ $7,200.
◦ $0.
◦ $4,320.
◦ $800.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by wrbasek0 on Feb 18, 2020

Bsand8

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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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wrbasek0

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

Bigfoot1984

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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