A business has purchased an asset it expects to last 6
Problem
A business has purchased an asset it expects to last 6 years. It's initial cost is $90K with an expected salvage value at the end of 6 years of $15K. Using DDB depreciation, what is the allowed depreciation charge for each of the 6 years?
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problema business has purchased an asset it expects to last 6 years its initial cost is 90k with an expected salvage
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