Acct 1001/1002 used textbook (2 Viewers)

[terencewoo]

I am selling a 90% new accounting text book, building business skills 2nd edition, Wiley.

For the use in Acct 1001 and Acct 1002, Accounting 1A and 1B

$50

contact me by email : terence_woo@hotmail.com

 

[stazi]

how did you calculate that it is 90% new. Did you use depreciation? If so, at what rate did you calculate this depreciation?

 

[xiao1985]

10% per year i guess... compounded yearly...

 

[stazi]

How does that work, though. An accounting text would be expected to last at most five years before a new edition replaces it. This would indicate that the book is 80% new at most.

 

[kow_dude]

I think authors are doing their best to renew their editions (by making trivial changes) every year to milk money from us. They want us to buy new copies rather than second hand books.

 

[terencewoo]

if u said it depreciate 20% per year for 5 year, I have just used for half a year, then that is 10%.