Test your Senior-level Depreciation Methods Units Of Production skills in Valuation Measurement Methods. This timed assessment evaluates your expertise in Accounting.
Duration: 5 minutes
•40 questions
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40 questions remaining
Question 1 of 40Assessment
An asset cost $1M with a $100k salvage value and 900k unit capacity. After producing 300k units, the salvage value is revised to $130k. What is the new depreciation rate for remaining units?