Given the following information, calculte the average percentage depreciation per year in this market: Sale 1 Sale 3 831 E. 13th St. Sale 2 143 Golden road Dr. 201 Jasmine Dr. Address Net sale price (After adjustments) Estimated land value Site improvements value 525,000 160,000 13,000 545,000 505,000 135,000 160,000 15,000 15,600 404,000 395,000 Reproduction Cost Actual Age O 2.83% 495,000 8 O 1.30% O 2.62% O There is no enough information

Given the following information, calculte the average percentage depreciation per year in this market: Sale 1 Sale 3 831 E. 13th St. Sale 2 143 Golden road Dr. 201 Jasmine Dr. Address Net sale price (After adjustments) Estimated land value Site improvements value 525,000 160,000 13,000 545,000 505,000 135,000 160,000 15,000 15,600 404,000 395,000 Reproduction Cost Actual Age O 2.83% 495,000 8 O 1.30% O 2.62% O There is no enough information

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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