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What would the remaining book value be after two years

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Question - A business bought a machine for£6,000. It is to be depreciated at a rate of 25 per cent using the reducing balance method. What would the remaining book value be after two years?

(A) £3,375

(B) £1,500

(C) £1,125

(D) £2,800

Reference no: EM132794868

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