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How to calculate the book value of a plant asset

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Reference no: EM132570291

Question 1: How to calculate the book value of a plant asset?

A. cost of the asset - accumulated depreciation to date

B. cost of the asset - depreciation expense for the year

C. estimated fair value of the asset - historical cost.

D. proceeds received from the sale of the asset - original cost.

Reference no: EM132570291

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