Question: Based on Exhibits A and B , the best estimate of the average remaining useful life of the company's plant and equipment at the end

Based on Exhibits A and B, the best estimate of the average remaining useful life of the company's plant and equipment at the end of 2009 is:
Select one:
A.20.75 years
B.24.25 years
C.30 years
With respect to Statement 4, if AMRC had used its old classification method for its leases instead of its new classification method, its 2009 total asset turnover ratio would most likely be:
Select one:
a. lower
b. higher
c. the same
With respect to Statement 4 and Exhibit A, if AMRC had used its old classification method for its leases instead of its new classification method, the most likely effect on its 2009 ratios would be a:
Select one:
A. higher net profit margin
B. higher fixed asset turnover
C. higher total liabilities-to-total assets ratio
Based on Exhibits A and B , the best estimate of

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