Image Creators,Inc.owns the following equipment and computes their depreciation on the straight-line basis:

Required:
(1)Composite life of these assets (in years).
(2)Composite depreciation rate.

Question

Image Creators,Inc.owns the following equipment and computes their depreciation on the straight-line basis:
  
Required:
(1)Composite life of these assets (in years).
(2)Composite depreciation rate.

Quizplus · Accepted Answer

The Answer of Image Creators,Inc.owns the following equipment and computes their depreciation on the straight-line basis:
  
Required:
(1)Composite life of these assets (in years).
(2)Composite depreciation rate.