1 a machine that costs 65000 will depreciate to 5000 in 10, Ask an Expert

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1. A machine that costs $65,000 will depreciate to $5,000 in 10 years. Calculate its book value at the end of the sixth year and the depreciation expenses for the seventh year using the fixed-proportion method.

2. How long will it take for equipment valued at $35,000 to depreciate to less than half of its original value if it normally depreciates to $5,000 in 14 years? Use the fixed-proportion method.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92061815

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