softballsadie2575 softballsadie2575
  • 22-03-2022
  • Business
contestada

Jain Mart is to depreciate an asset bought for $500,000 using the SOYD method over a life of 8 years. If the depreciation charges in year 3 was $80,000, determine the salvage value used in computing the depreciation charges in year 3.

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unixorn41020 unixorn41020
  • 22-03-2022
the answer is…

$20,000
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