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    deezerdoo's Avatar
    deezerdoo Posts: 34, Reputation: 2
    Junior Member
    		  
    #1

    Apr 20, 2009, 10:44 AM
    straight-line method
    A company buys a machine for 50,000 with a salvage value of 5,000. If the machine's useful life is 5 years, calculate the annual depreciation using the straight line method.

    Here is what I got

    50,000- 5,000=45,000

    45,000/5= 9,000 annual depreciation
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Apr 20, 2009, 12:15 PM

    This is correct
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