Prime, inc., purchases $100,000 in construction machinery on january 1, year 1. the useful life is estimated to be 8 years, and the residual value is estimated to be $20,000. what will be the depreciation rate if the company uses the double-declining-balance method?
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Prime, inc., purchases $100,000 in construction machinery on january 1, year 1. the useful life is e...
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