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  • 29-11-2022
  • Business
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A company purchased office equipment for $52000 and estimated a salvage value of $8000 at the end of its 8-year useful life. The constant percentage to be applied against book value each year if the double-declining-balance method is used is (Round answer to 1 decimal place, e.g. 15.2.) O 8.0%. O 12.5%. O 25.0%. O 2.5%.

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