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utes depreciation using the composite method. A schedule of Oriole Company's machinery is presented below: Total Cost Estimated Estimated Salvage Value Life in Years
utes depreciation using the composite method. A schedule of Oriole Company's machinery is presented below: Total Cost Estimated Estimated Salvage Value Life in Years Machine A $701100 $55000 13 Machine B 495000 55000 10 Machine C 296300 10000 The composite life (in years) for these assets is O 10.7 years. O 10.0 years O 9.0 years O 10.2 years
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