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Financial Analysis EXERCISE 49 Analytical Measures of Plant Assets Colgate Refer to the financial statements of Colgate in Appendix A . Required: a. Compute the
Financial Analysis
EXERCISE 49 Analytical Measures of Plant Assets
ColgateRefer to the financial statements of Colgate in Appendix A.
Required:
a.Compute the following analytical measures applied to Colgate for 2006:
(1)Average total life span of plant and equipment.
(2)Average age of plant and equipment.
(3)Average remaining life of plant and equipment.
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