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A company purchased office equipment for $33000 and estimated a salvage value of $8000 at the end of its 20-year useful life. The constant
A company purchased office equipment for $33000 and estimated a salvage value of $8000 at the end of its 20-year useful life. The constant percentage to be applied against book value each year if the double-declining-balance method is used is 59%. O 10%. 83%. O 24%.
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