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    Intermediate Accounting IFRS
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    Exam 11: Operational Assets: Utilization and Impairment
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    Using the Straight-Line Method, the Book Value at December 31
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Using the Straight-Line Method, the Book Value at December 31

Question 53

Question 53

Multiple Choice

Using the straight-line method, the book value at December 31, 2009 would be:


A) $57,600.
B) $51,600.
C) $58,800.
D) $52,800.$72,000 13,200 = $58,800

Correct Answer:

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