Question: Answer 8 and 9 + fit to page D Page view A Read aloud 8) The amount an asset decreases in value from its original

Answer 8 and 9 Answer 8 and 9 + fit to page D Page view A

+ fit to page D Page view A Read aloud 8) The amount an asset decreases in value from its original cost is called: A) salvage value B) book value C) depreciation D) total cost 9) Solve the problem. Round dollar amounts to the nearest dollar. 9) Find the yearly straight-line depreciation of a home theatre system including the receiver, main audio speakers, surround sound speakers, audio and video cables, and blue-ray player that costs $3100 and has a salvage value of $900 after an expected life of 5 years in a hotel lobby. B) $180 C) $620 D) $440 A) 5900

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