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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 16
An asset that is book-depreciated over a 5-year period by the straight line method has BV 3 = $62,000 with a depreciation charge of $26,000 per year. Determine
a) the first cost of the asset and b) the assumed salvage value.
a) the first cost of the asset and b) the assumed salvage value.
Explanation
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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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