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Bramble Corp. owns the following assets: Asset Cost Salvage Estimated Useful Life A $470000 $45000 10 years B 215000 21500 5 years C 496000 22000
Bramble Corp. owns the following assets:
| Asset |
| Cost |
| Salvage |
| Estimated Useful Life |
| A |
| $470000 |
| $45000 |
| 10 years |
| B |
| 215000 |
| 21500 |
| 5 years |
| C |
| 496000 |
| 22000 |
| 12 years |
What is the composite life of Bramble's assets?
| 9.1 years |
|
| 14.2 years |
|
| 9.9 years |
|
| 10.4 years |
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The Craft Of Auditing For Accounting Undergraduates
Authors: Eldar Maksymov
1st Edition
1516589890, 9781516589890
