Question: Accounting Paste Normal No Spacing Hea BI U- ab x x A LA- E Undo Clipboard Font Paragraph Styles Bakiponi Corp. provides the following data

Accounting

Paste Normal No Spacing Hea BI U- ab x x A LA- E Undo Clipboard Font Paragraph Styles Bakiponi Corp. provides the following data from its recent financial statements. (Dollars in millions) 2018 2019 Beginning Gross Fixed Assets $2,040,000 $2,160,000 Ending Gross Fixed Assets 2,160,000 2,280,000 Beginning Accumulated Depreciation 1,210,000 1,460,000 Current-year Depreciation Expense 250,000 300,000 Current-year Sales Revenue 3,350,000 4,220,000 What is the average remaining life of the company's fixed assets as of the end of 2019? (Round your answer to two decimal places, XXX.) Part 1 A. 2.73 Your answer is not correct. C B. 1.33 C. 5.87 C D 1.73

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