You Just Purchased Some Equipment That Will Be Depreciated Using

question 17

Multiple Choice

You just purchased some equipment that will be depreciated using 20% reducing balance.The equipment cost €67,600.What will the book value of this equipment be at the end of three years
Should you decide to resell the equipment at that point in time?

• A)€34,611.20
• B)€20,280.20
• C)€27,040.00
• D)€48,131.20
• E)€48,672.00

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Definitions:

Coaching

A form of training where an experienced employee offers performance advice to a less experienced co-worker.

On-The-Job Training

A form of training taking place in a normal working situation using the actual tools, equipment, documents, or materials that trainees will use when fully trained.

Performance Advice

Recommendations or guidance aimed at improving an individual's or group's work results.

Intent of Socialization

The purpose behind the process of learning and integrating values, behaviors, and norms of a society or group to become functional members.