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14) A company can find the book value on one of its fixed assets by: a. Selling Price -Depreciation Expense b. Book Value Accumulated Depreciation
14) A company can find the book value on one of its fixed assets by: a. Selling Price -Depreciation Expense b. Book Value Accumulated Depreciation c. Selling Price - Accumulated Depreciation d. Selling Price Accumulated Depreciation 15) If a company uses the Double Declining balance method of depreciation, what will happen to its depreciation expense over time? a. b. c. d. Depreciation Expense will increase over time Depreciation Expense will be higher in the earlier years of the asset's life Depreciation Expense will be higher in the later years of the asset's life Depreciation Expense will stay the same each year
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