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A company makes it a policy that for any new piece of equipment, the annual depreciation cost should not exceed 10% of the First Cost
A company makes it a policy that for any new piece of equipment, the annual depreciation cost should not exceed 10% of the First Cost while the Salvage Value is 20% of the First Cost. Determine the minimum length of service life in years (n), necessary, if the depreciation method used is: SLM, DBM and DDBM
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Schaums Outline Of Theory And Problems Of Managerial Accounting
Authors: Jae K. Shim, Joel G. Siegel
0070573050, 978-0070573055
