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In general, how is the book value of a long-term asset like equipment computed in the years after the purchase of the asset? Select one:

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In general, how is the book value of a long-term asset like equipment computed in the years after the purchase of the asset? Select one: O a market value of the asset Ob market value minus initial book value Oc the greater of initial book value and market value Od initial book value minus accumulated depreciation Oe the smaller of initial book value and market value of initial book value minus market value

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