An asset costing P50,000 has a life expectancy of 6 years and a estimatedsalvage value of P8,000. Calculate the depreciation charge at the end ofthe fourth period using fixed percentage method.O P7,144.2O P5,263.86O P3,878.4P5,465.75OP5,865.75

Answered: P7,144.2 P5,263.86 P3,878.4 P5,465.75…

Business

Economics

P7,144.2 P5,263.86 P3,878.4 P5,465.75 P5,865.75

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

An asset costing P50,000 has a life expectancy of 6 years and a estimated
salvage value of P8,000. Calculate the depreciation charge at the end of
the fourth period using fixed percentage method.
O P7,144.2
O P5,263.86
O P3,878.4
P5,465.75
OP5,865.75

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