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Based upon the following information, how much debt finanacing (as of %) would be required to finance the replacement of fully depreciated Property, Land &Equipment
Based upon the following information, how much debt finanacing (as of %) would be required to finance the replacement of fully depreciated Property, Land &Equipment (P.P. &E)?
Gross P.P. &E $690,000
Accumulated Depreciation $350,000
Funded Depreciation $525,000
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