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A firm is considering purchasing two assets. Asset A will have a useful life of 12 years and cost $4 million; it will have installation
A firm is considering purchasing two assets. Asset A will have a useful life of 12 years and cost $4 million; it will have installation costs of $600,000 but no salvage or residual value. Asset B will have a useful life of 8 years and cost $2.3 million; it will have installation costs of $220,000 and a salvage or residual value of $100,000. Which asset will have a greater annual straight - line depreciation? O A. Asset B has $72,458 more in depreciation per year. OB. Asset A has $30,000 more in depreciation per year. OC. Asset A has $80,833 more in depreciation per year. OD. Asset B has $108,622 more in depreciation per year
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