A company wants to buy a new machine for $15,000,000. The machine can be used for 10
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Question:
A company wants to buy a new machine for $15,000,000. The machine can be used for 10 years, then be useless.
Calculate for the SL, 200% DB
a) the depreciation in the third year
b) the book value at the end of the seventh year.
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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