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Question 129

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Use the information below to answer the following question(s) .The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:
Use the information below to answer the following question(s) .The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:    * =  of long-term assets at historical cost  -What is the net book value (NBV ) of the long-term assets at current cost at the end of year 4? A) $660,000 B) $800,000 C) $960,000 D) $1,180,000 E) $1,760,000 * = "of long-term assets at historical cost"
-What is the net book value (NBV ) of the long-term assets at current cost at the end of year 4?


A) $660,000
B) $800,000
C) $960,000
D) $1,180,000
E) $1,760,000

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