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A truck that cost $40,000 is at the end of year 3 of a useful life of 5 years. It's estimated salvage value is $5,000.
A truck that cost $40,000 is at the end of year 3 of a useful life of 5 years. It's estimated salvage value is $5,000. It's current carrying value is $19,000.
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Information For Decision Making Readings In Cost And Managerial Accounting
Authors: Alfred Rappaport
2nd Edition
0134643887, 978-0134643885
