Assume the following property and equipment footnote was obtained from the Deere & Companys 2016...
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Accounting
Assume the following property and equipment footnote was obtained from the Deere & Companys 2016 10-K.
Property and Depreciation A summary of property and equipment at October 31 follows:
During 2016, the company reported $636.5 million of depreciation expense (this expense also includes amortization expense relating to computer software that is included with property and equipment).
Estimate the percent used up of Deeres depreciable assets.
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