Essay
In Year 4,Landmark Restaurants reported the cost of property and equipment at $1,189.8 million and the accumulated depreciation at $224.2 million.In that same year,Coca Cola reported $10,149 million in long-lived,productive assets and accumulated depreciation on them of $4,058.
A.Estimate the approximate percent of remaining life of the assets for Landmark and Coca Cola.
B.Which company appears to have newer assets with longer remaining lives?
Correct Answer:

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A.Landmark: 81.2% = ($1,189.8 - $224.2)/...View Answer
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