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Consider the following information:Cost of equipment: RO 150,000. Salvage vale of equipment: RO 10,000. Number of hours the equipment has been used during the current
Consider the following information:Cost of equipment: RO 150,000. Salvage vale of equipment: RO 10,000. Number of hours the equipment has been used during the current period: 2,000 hours. Estimated life time hours the equipment will be used: 20,000 hours. Based on the above information, the depreciation on equipment for current period under activity method is: a. RO 10,000 b. RO 14,000 c. RO 9333.33 d. RO 15,000
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