Multiple Choice
Donna had been in the taxi business for two years and had three cars which were all one year old at the start of the current year and which originally cost £38000. She depreciates her cars using the reducing balance method at a rate of 40%. What is the depreciation charge for the current year?
A) £15200
B) £22800
C) £9120
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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