Everett, Inc. Information for Everett, Inc. for 2011 and 2010 Is Presented

Multiple Choice

Everett, Inc.
Information for Everett, Inc. for 2011 and 2010 is presented below. Everett uses the straight-line depreciation method.

- Refer to the information provided for Everett, Inc. Using the data for 2011, determine the average useful life of Everett's fixed assets rounded to one decimal place.

A) 1.60 years
B) 3.50 years
C) 4.00 years
D) 10.00 years