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Shawn runs a woodworking firm. He owns power tools that are worth $20,000 at the start of the year. At the end of the year,
Shawn runs a woodworking firm. He owns power tools that are worth $20,000 at the start of the year. At the end of the year, the tools are worth $13,000. The annual interest rate is 3%. Shawn's implicit rental rate of capital is for this year
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
1259722651, 978-1259722653
