Question
Water Slides R' Us has $3,200,000 of net Property, Plant and Equipment at the end of the year. If their Accumulated Depreciation is $1,200,000, and
Water Slides R' Us has $3,200,000 of net Property, Plant and Equipment at the end of the year. If their Accumulated Depreciation is $1,200,000, and the current year depreciation expense was $200,000, what is the approximate age of the PP&E (assuming straight-line depreciation)?
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Advanced Management Accounting
Authors: Maurice L. Hirsch Jnr.
2nd Edition
1861526768, 978-1861526762
