ANSWERS TO QUESTIONS

2nd full year [25% X ($212,000 – $53,000)] = $39,750. ... of the investment a division manager might scrap fully or nearly fully depreciated equipment to improve the division’s rate of return even though the equipment is still serviceable. ... P&G’s statement of Cash Flows reports depreciation and amortization of $1,733 million in 2004 ... ................
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