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35. You have the following data for a company: Fixed Assets Accumulated Depreciation FY 2016 $2.8 million $1.2 million FY 2017 $2.8 million $1.6 million
35. You have the following data for a company: Fixed Assets Accumulated Depreciation FY 2016 $2.8 million $1.2 million FY 2017 $2.8 million $1.6 million The company uses straight line depreciation with no salvage value. At the end of FY 2017, the average age of the company's fixed assets is the average depreciable life of its fixed assets is years, and years
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