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What is the unit depreciation on the car

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Reference no: EM131628182

Question: 1. A pizza delivery car was purchased for $19,580. The car is expected to be driven 125,000 miles before being sold for $500. What is the unit depreciation on the car (depreciation per mile)?

2. Using the sum-of-the-years'-digits method, find the denominator of the depreciation rates for an asset with an expected life of 24 years.

Reference no: EM131628182

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