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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 27
The book value of an asset that was DDB- depreciated over a 10-year period was $5832 at the end of year 4. If the first cost of the asset was $80,000, the salvage value that was used in the depreciation calculation was closest to:
A) $0
B) $2000
C) $5000
D) $8000
A) $0
B) $2000
C) $5000
D) $8000
Explanation
Verified
Verified
P is initial cost,
n is number of years...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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