An engineer bought equipment for P500,000. Other expensesJasincluding installation amounted to P30,000. At the end of itsestimated useful life of 10 years, the salvage value will be 10% ofthe first cost, using straight line method of depreciation, what isallid eo the book value after 5 years? neabnul gnA plant erected to manufacture socks has a first cost of 10,000,000 with an estimated salvagevalue of P100,000 at the end of 25 years. Find its appraised value to the nearest P100 by thesinking fund method, assuming at an interest rate of 6%a at the end of :a. 10 years, b. 20 years2.

Name: An engineer bought equipment for P500,000. Other expensesJasincluding
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An engineer bought equipment for P500,000. Other expenses including installation amounted to P30,000. At the end of its estimated useful life of 10 years, the salvage value will be 10% of the first cost, using straight line method of depreciation, what is the book value after 5 years? bebsd evop ni teev abrul gn tink

An engineer bought equipment for P500,000. Other expenses including installation amounted to P30,000. At the end of its estimated useful life of 10 years, the salvage value will be 10% of the first cost, using straight line method of depreciation, what is the book value after 5 years? bebsd evop ni teev abrul gn tink

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section9.A: Depreciation

Problem 5P

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