QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

68. An analyst has gathered the following information about a company’s capital assets: Year ending 2012 2011 Property, plant, and equipment €2,500 €2,500 Accumulated depreciation 375 250 Net book value 2,125 2,250 As of the end of 2012, the expected remaining life of the assets, in years, is closest to: A. 6. B. 17. C. 20.