Multiple choice for economics (only two) someone mee
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Answers on questions: Business
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Ответ:
$13,200
Explanation:
Under International Financial Reporting Standards (IFRS) each asset component must be depreciated separately. So we must break down the $100,000 purchase price into:
total depreciable value expected life yearly depreciation
$72,000 10 years $7,200
$20,000 5 years $4,000
$8,000 4 years $2,000
total depreciation year 1 $13,200