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Problem 1 : A company purchases equipment for $ 8 0 , 0 0 0 with an estimated salvage value of $ 5 , 0
Problem :
A company purchases equipment for $ with an estimated salvage value of $ and an estimated useful life of years. Calculate the annual depreciation expense using the straightline method.
Problem :
Company ABC buys inventory for $ and sells it for $ Calculate the gross profit earned on the sale.
Problem :
Calculate the return on equity ROE for a compa
ny with a net income of $ and total equity of $
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