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DEPRECIATION: Company X has equipment with a useful life of 5 years. What is the straight-line rate for the equipment? a. 1/10 b. 5/1 c.

DEPRECIATION: Company X has equipment with a useful life of 5 years. What is the straight-line rate for the equipment?

		a. 1/10
		b. 5/1
		c. 2x(1/10)
		d. 2x(1/5)
		e. None of the above

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