Oriole Company computes depreciation using the composite method. A schedule of Oriole Company's machinery is presented...

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Oriole Company computes depreciation using the composite method. A schedule of Oriole Company's machinery is presented below: Total Cost Estimated Salvage Value Estimated Life in Years Machine A $701100 $55000 13 Machine B 495000 55000 10 Machine C 296300 10000 The composite life (in years) for these assets is Oriole Company computes depreciation using the composite method. A schedule of Oriole Company's machinery is presented below: Total Cost Estimated Salvage Value Estimated Life in Years Machine A $701100 $55000 13 Machine B 495000 55000 10 Machine C 296300 10000 The composite life (in years) for these assets is

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Answer The composite life for Oriole Companys assets is approximately 4767 years Heres how we can ca... View the full answer