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A company purchased office equipment for $35000 and estimated a salvage value of $9000 at the end of its 8-year useful life. The constant percentage

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A company purchased office equipment for $35000 and estimated a salvage value of $9000 at the end of its 8-year useful life. The constant percentage to be applied against book value each year if the double-declining balance method is used is (Round answer to 1 decimal place, e.g. 15.2.) O 2.5% O 8.0% O 25.0%. O 12.5%

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