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What Is the Depreciation Rate of a Physical Asset with the Purchase

Question 38

Multiple Choice

What is the depreciation rate of a physical asset with the purchase price of $150 000 and salvage value of $16 100 after 10 years of service?


A) 16.40%
B) 16.66%
C) 20.00%
D) 25.00%
E) 59.20%

Correct Answer:

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