Question
4. The amount of the estimated average income for a proposed investment of $70,000 in a fixed asset, giving effect to depreciation (straight-line method), with
4. The amount of the estimated average income for a proposed investment of $70,000 in a fixed asset, giving effect to depreciation (straight-line method), with a useful life of four years, no residual value, and an expected total income yield of $22,300, is
a.$22,300
b.$12,700
c.$17,500
d.$5,575
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The Internal Auditing Handbook
Authors: K. H. Spencer Pickett
3rd Edition
0470518715, 978-0470518717
