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The 2011 financial statements for Leggett & Platt, Inc., report the following information: Year ended December 31,20112010 (in millions) Depreciation expense$ 98.1$ 103.0 Property and
The 2011 financial statements for Leggett & Platt, Inc., report the following information:
Year ended December 31,20112010
(in millions)
Depreciation expense$ 98.1$ 103.0
Property and equipment, net580.6624.2
Land45.248.5
Accumulated depreciation1,193.21,173.9
Which of the following estimates the property and equipments percent-used-up at December 31, 2011?
A)69%
B)49%
C)20%
D)32%
E)None of the above
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