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DEPRECIATION: Company Y has equipment with a useful life of 10 years. What is the double declining balance rate for the equipment? a. 1/10 b.
DEPRECIATION: Company Y has equipment with a useful life of 10 years. What is the double declining balance rate for the equipment?
a. 1/10
b. 1/5
c. 2x(1/10)
d. 2x(1/5)
e. None of the above
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