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Business, 07.05.2021 01:10 btsheygirl

A schedule of machinery owned by Waterway Industries is presented below: Total Cost Estimated Salvage Value Estimated Life in Years
Machine X $593000 $40000 14
Machine Y 816000 82000 10
Machine Z 301000 61000 6

Waterway computes depreciation by the composite method. The composite rate of depreciation (in percent) for these assets is :

a. 8.44.
b. 8.94.
c. 13.74.
d. 10.17.

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A schedule of machinery owned by Waterway Industries is presented below: Total Cost Estimated Salv...
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