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Oriole Mart and Pharoah Shop are two companies of roughly the same size both running a chain of convenience stores. Each company depreciates its plant
Oriole Mart and Pharoah Shop are two companies of roughly the same size both running a chain of convenience stores. Each company depreciates its plant assets using the straight-line method. An investigation of their financial statements reveals the following information: For each company, calculate: (Round answers to 2 decimal places, e.g. 52.75.)
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