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QUESTION 27 A company has the following information for the years ending December 31, 2017 and 2018. 2017 2018 Gross investment in fixed assets (5

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QUESTION 27 A company has the following information for the years ending December 31, 2017 and 2018. 2017 2018 Gross investment in fixed assets (5 mil) $3.6 $3.6 Accumulated depreciation (S mil) 1.75 What is the average age and the average depreciable life of the company's fixed assets at the end of 2018? 2.25 a. Average age: Average depreciable life 1.6 years: 7.2 years O b. Average age: Average depreciable life 1.6 years. 10.8 years O c. Average age; Average depreciable life 4.5 years: 10.8 years Od. Average age: Average depreciable life 4.5 years: 7.2 years

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