kercise $14-45($Algo$)$ Compare Historical Cost, Net Book Value to Gross Book Value $($LO $14-2,5)$

e Street Division of Labrosse Logistics just started operations. It purchased depreciable assets costing $$43\mathrm{.}5$mllil on and having a ur$-$year expected life, after which the assets can be salvaged for $$8\mathrm{.}7$ million. In addition, the division has $$43\mathrm{.}5$mil$\underset{?}{lim}$ in assets that e not depreciable. After four years, the division will have $$43\mathrm{.}5$ million available from these non depreciable assets. This means that e division has invested $$87$ million in assets with a salvage value of $$52\mathrm{.}2$ million. Annual operating cash flows are $$13\mathrm{.}5m$ milion. in emputing ROI, this division uses end$-$of$-$year asset values in the denominator. Depreciation is computed on a straight$-$line basis, cognizing the salvage values noted. Ignore taxes.

equired:

$.$kercise $14-45($Algo$)$ Compare Historical Cost, Net Book Value to Gross Book Value $($LO $14-2,5)$

e Street Division of Labrosse Logistics just started operations. It purchased depreciable assets costing $$43\mathrm{.}5$mllil on and having a ur$-$year expected life, after which the assets can be salvaged for $$8\mathrm{.}7$ million. In addition, the division has $$43\mathrm{.}5$mil$\underset{?}{lim}$ in assets that e not depreciable. After four years, the division will have $$43\mathrm{.}5$ million available from these non depreciable assets. This means that e division has invested $$87$ million in assets with a salvage value of $$52\mathrm{.}2$ million. Annual operating cash flows are $$13\mathrm{.}5m$ milion. in emputing ROI, this division uses end$-$of$-$year asset values in the denominator. Depreciation is computed on a straight$-$line basis, cognizing the salvage values noted. Ignore taxes.

equired:

$.$