3. A certain office equipment has a first cost of P20,000 and a salvage value of P1,000 at the endof 10 years. Determine the book value at the end of 6 years using double declining balancemethod4. A machine having a first cost of P60,000 will be retired at the end of 8 years. Depreciation costis computed using constant percentage of the declining book value. What is the total cost ofdepreciation, in pesos, up to time the machine is retired if the annual rate of depreciation is28.72%?notluloa

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Description: 3. A certain office equipment has a first cost of P20,000 and a salvage value of P1,000 at the endof 10 years. Determine the book value at the end of 6 years using double declining balancemethod4. A machine having a first cost of P60,000 will be ret

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3. A certain office equipment has a first cost of P20,000 and a salvage value of P1,000 at the end of 10 years. Determine the book value at the end of 6 years using double declining balance method

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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