Good afternoon,

The attached is a copy of a question that I would like assistance with.

Thanks,

WillieMae

Exiter inc. owns the following assets: Asset Cost Salvage Estimated Useful Life A $140,000 $14,000 B $75,000 7500 5 Years C $164,000 8,000 12 Years 10 Years a) What is the composite depreciation rate of Exiter's asset? b) What is the composite life of Exiter 's assets