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Suppose a hypothetical company recently incurred $1 million in capital expenditures (Capex) to purchase fixed assets. Per guidance from management, the fixed assets have a

Suppose a hypothetical company recently incurred $1 million in capital expenditures (Capex) to purchase fixed assets. Per guidance from management, the fixed assets have a useful life of 20 years, with an estimated salvage value of zero at the end of their useful life period

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