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Applied Sciences,Chemistry See all
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Teaching Since: Apr 2017
Last Sign in: 290 Weeks Ago, 1 Day Ago
Questions Answered: 352
Tutorials Posted: 351

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  • MBA,PHD in Psychology
    Northwest Florida State College
    Jun-1992 - May-1997

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  • Professor
    Northwest Florida State College,
    Aug-2006 - Nov-2015

Category > Economics Posted 03 May 2017 My Price 9.00

Exactly 10 years ago

12.11    Exactly 10 years ago, Boyditch Professional Asso- ciates purchased $100,000 in depreciable assets with an estimated salvage of $10,000. For tax de- preciation the SL method with n = 10 years was used, but for book depreciation, Boyditch applied the DDB method with n = 7 years and neglected the salvage estimate. The company sold the assets today for $12,500. (a) Compare this amount with the book values using the SL and DDB methods.

(b) If the salvage of $12,500 had been estimated exactly 10 years ago, determine the depreciation for each method in year 10.

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Status NEW Posted 03 May 2017 01:05 PM My Price 9.00

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