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1. Which depreciation method is better for a company to use? Why? How does each depreciation method affect the financial statements?

2. City Electrical Distributor is looking for a new line of 60 watt solar panels to retail for $150.00. If management wants a 35% markup based on selling price, what is the most that can be paid for a solar panel to still get the desired markup?

Financial Accounting, Accounting

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