Mathematics, 04.05.2021 18:30 ethanmel21
2. You have purchased a mobile platform for your business for $125,000. This mobile platform allows you to move around the warehouse, elevate yourself, and pick boxes off the shelves. You have deemed the platform to have a useful life of 15 years. The salvage value of the machine will be $30,000.
Using the double-declining depreciation method, how much will the machine be worth after 3 years?
5 years?
7 years?
12 years?
If you sell it at year 10, how much value does the mobile platform have?
Answers: 3
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2. You have purchased a mobile platform for your business for $125,000. This mobile platform allows...
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