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What is the book value of this plant asset at the end

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Question - Ferguson Company purchased a plant asset for €100,000 on April 1st, 2019. The estimated residual value is €10,000, and the estimated useful life is 10 years. The double-declining balance method will be used for depreciation. What is the book value of this plant asset at the end of 2020?

Reference no: EM132594696

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