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At the end of the last accounting period, XYZ's net PPE (Property, Plant and Equipment) was $3.9m. Given that the gross investment in PPE was
At the end of the last accounting period, XYZ's net PPE (Property, Plant and Equipment) was $3.9m. Given that the gross investment in PPE was $6.5m and that the depreciation expense for last year was $650,000 what is the estimate of remaining useful life of XYZ's asset base
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