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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 27
DuPont reported depreciation expense of $1,251 million on its consolidated financial statements for the period ended December 31, 2009. The following excerpt is taken from the company's consolidated balance sheet for the same year:
(Dollars in millions, except per share) December 31, 2009
What percentage of the original cost of property, plant, and equipment was depreciated during 2009?
(Dollars in millions, except per share) December 31, 2009
What percentage of the original cost of property, plant, and equipment was depreciated during 2009?
Explanation
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Depreciation:
Depreciation is a process...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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