Question
Mr. Quaid bought a grader at the start of year 2000. If the depreciation at the end of year 2001 was 2.2168X using Double declining
Mr. Quaid bought a grader at the start of year 2000. If the depreciation at the end of year 2001 was 2.2168X using Double declining depreciation method then calculate the salvage value of grader at the end of year 2005 and the buying cost of grader employing the same method. (X = 406).
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
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