What are advantages and disadvantages of equipment rental

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Reference no: EM131497684

Question: 1. What are the advantages and disadvantages of equipment rental compared with equipment purchase?

2. A crawler tractor costs $250,000, has an estimated salvage value of $50,000, and has a 5-year life. Find the annual depreciation and book value at the end of each year using the double-declining-balance method of depreciation.

Reference no: EM131497684

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