Multiple Choice
A two year-old asset has a depreciable life of 10 years.Its initial purchase cost was $450,000 and it is depreciated by 10 percent annually.What is the remaining depreciable value of the asset?
A) $ 0.00
B) $90,000
C) $200,000
D) $360,000
Correct Answer:
Verified
Correct Answer:
Verified
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