Question
The effective age of our subject is 10 years with a depreciation of 9%. The comparable has an effective age of 12 years with
The effective age of our subject is 10 years with a depreciation of 9%. The comparable has an effective age of 12 years with a depreciation of 11%. Calculate the age adjustment if the cost as new for the comparable is estimated at $230,000.
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
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