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The current (i.e., replacement) costs of these assets were expected to increase 15% each year. Marvin used the straight-line depreciation method and the estimated useful

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The current (i.e., replacement) costs of these assets were expected to increase 15% each year. Marvin used the straight-line depreciation method and the estimated useful life is 10 years with no salvage value. For return on investment (ROI) calculations, Marvin uses end-of-year balances. What is the ROI using historical cost and net book value

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