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Calculate the book value under straight-line method

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Reference no: EM133020685

Question - The firm bought an equipment to be used in administrative activities. Total cost is 80.000 TL. Economic life of this vehicle is 5 years. Calculate the 5th year book value under straight-line method.

a. 0 TL

b. 48.000 TL

c. 16.000 TL

d. 32.000 TL

Reference no: EM133020685

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