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Question 21 Coronado Industries owns the following assets: Asset Cost Salvage Estimated Useful Life $419000 $42000 10 years B 222000 20000 5 years 492000 24000

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Question 21 Coronado Industries owns the following assets: Asset Cost Salvage Estimated Useful Life $419000 $42000 10 years B 222000 20000 5 years 492000 24000 12 years What is the composite depreciation rate of Coronado's assets? 12.9% 11.1% 14.0% O 10.3%

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