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Economics

An asset costs $15,000 and has a salvage value of $500 after 10 years. What is the depreciation charge for the fifth year, and what is the book value at the end of the fifth year?

(a) Using the 150% declining balance method.

(b) Using the 200% declining balance method. (Answer: a. D5 = $1175, BV5 = $6656; b. D5 = $1229, BV5 = $4915)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92638382

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