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Hi, I just want to ask what is the annual deprecation of an equipment. given the following information, In June 2008, it had a book
Hi, I just want to ask what is the annual deprecation of an equipment. given the following information,
In June 2008, it had a book value and tax basis of 250,000 pesos and three years of straight line depreciation remaining. However, it's market value was though to be lower at about 175,000 pesos. The corporate tax rate if 35%.
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