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NEW QUESTION 27
An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
Which of the following is considered a measure of profitability?
Answer: D
NEW QUESTION 28
The written word is often more useful than the spoken. Guidelines for writing include:
Answer: A
NEW QUESTION 29
The process of stating goals and determining the most effective way of reaching them is the definition for:
Answer: B
NEW QUESTION 30
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