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ABC Co. purchased a fixed asset for $100,000 , with a useful life of five years, residual value of $9,000 , and an expected total
ABC
Co. purchased a fixed asset for
$100,000
, with a useful life of five years, residual value of
$9,000
, and an expected total net income of
$21,600
for 5 years. What is the amount of the average investment?\ Average investment
=
Initial cost + salvage value
/2
\
$9000
\
$100,000
\
$54,500
\
$37.500
ABC C0. purchased a fixed asset for $100,000, with a useful life of five years, residual value of $9,000, and an expected total net income of $21,600 for 5 years. What is the amount of the average investment? Average investment = Initial cost + salvage value /2 (A) $9000 (B) $100,000 (C) $54,500 (D) $37.500 ABC C0. purchased a fixed asset for $100,000, with a useful life of five years, residual value of $9,000, and an expected total net income of $21,600 for 5 years. What is the amount of the average investment? Average investment = Initial cost + salvage value /2 (A) $9000 (B) $100,000 (C) $54,500 (D) $37.500
ABC
Co. purchased a fixed asset for
$100,000
, with a useful life of five years, residual value of
$9,000
, and an expected total net income of
$21,600
for 5 years. What is the amount of the average investment?\ Average investment
=
Initial cost + salvage value
/2
\
$9000
\
$100,000
\
$54,500
\
$37.500
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