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Question 1 0 If a company spends $ 4 0 million to install new footwear - making equipment with capacity to produce 2 million pairs

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If a company spends $40 million to install new footwear-making equipment with capacity to produce 2 million pairs of athletic footwear at its Asia Pacific production facility, then its annual depreciation costs at that facility will rise by
4% or $1.600.000
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