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Business, 01.04.2021 23:00 smartcookie8251

The following data (in millions) were adapted from recent annual reports of United Parcel Service, Inc. (UPS). UPS provides delivery and freight services throughout the world. Year 2 Year 1 Vehicles $ 7,542 $ 6,762 Aircraft 15,801 15,772 Land 1,145 1,163 Buildings 6,542 6,376 Equipment 9,291 8,834 Construction in progress 299 244 Less accumulated depreciation (22,339) (21,190) a. Compute the net property, plant, and equipment (book value) for Years 1 and 2. Year 2 book value $fill in the blank 1 million Year 1 book value $fill in the blank 2 million b. UPS appears to have its operations in year 2 from of fixed assets. This is typical of growing companies.

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