Machine has depreciated in value

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A firm has a machine to produce hockey sticks, which it bought for $500,000. After some years of use, the machine has depreciated in value, and is only worth $300,000 if the firm were to sell it.

Reference no: EM133578693

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Machine has depreciated in value : A firm has a machine to produce hockey sticks, which it bought for $500,000. After some years of use, the machine has depreciated in value,
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