C highest book value at end of 2014 company a d

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c) Highest book value at end of 2014 = Company A d) Highest retained earnings at end of 2015 = Company A (cumulative net profits) e) Lowest CFO at 2014 end = Company with lowest dep exp = Company B COMPANY A   2012 2013 2014 2015 2016 Revenue      30,00       30,00     30,000        30,000       30,000  Dep Expense    (10,000 )     (10,000 )    (10,000 )      (10,000 )     (10,000 ) Net Income      20,00       20,00     20,000        20,000       20,000  Beg Book Value      54,00       44,00     34,000        24,000       14,000 
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Dep Expense      10,000        10,000      10,000        10,000       10,000  End Book Value      44,00       34,00     24,000        14,000         4,000  COMPANY B   2012 2013 2014 2015 2016 Revenue      30,00       30,00     30,000        30,000       30,000  Dep Expense      21,600        12,960        7,776          4,666         2,799  Net Income        8,40       17,040      22,224        25,334       27,201  Beg Book Value      54,00       32,40     19,440        11,664         6,998  Dep Expense      21,600        12,960        7,776          4,666         2,799  End Book Value      32,40       19,440      11,664          6,998 
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