KFC bought an equipment for 2500 RO. Its useful life is 5 years and the salvage value is 500 RO. Using straight line depreciation, what is the book value at end of third year? a. 1300 RO b. 2100 RO c. 900 RO d. 1700 RO

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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KFC bought an equipment for 2500 RO. Its useful life is 5 years and the salvage value is 500 RO. Using straight line depreciation, what is the book value at end of third year? a. 1300 RO b. 2100 RO c. 900 RO d. 1700 RO
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