1. A commercial building has a salvage value of PhP 2 million after 50 years. Annual depreciation is PhP 2M. Using the Straight Line Method, how many years after should you sell the building for PhP 30M? В. 36 years С. 35 years D. 36.5 years A. 35.5 years
1. A commercial building has a salvage value of PhP 2 million after 50 years. Annual depreciation is PhP 2M. Using the Straight Line Method, how many years after should you sell the building for PhP 30M? В. 36 years С. 35 years D. 36.5 years A. 35.5 years
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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![1. A commercial building has a salvage value of PhP 2 million after 50 years. Annual depreciation is
PhP 2M. Using the Straight Line Method, how many years after should you sell the building for PhP
30M?
В. 36 years
C. 35 years
D. 36.5 years
A. 35.5 years](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F930681d6-5441-4324-a2b0-678bd6a33623%2Fd0958097-2291-4f56-b731-d93776e5da12%2F2l2d07h_processed.png&w=3840&q=75)
Transcribed Image Text:1. A commercial building has a salvage value of PhP 2 million after 50 years. Annual depreciation is
PhP 2M. Using the Straight Line Method, how many years after should you sell the building for PhP
30M?
В. 36 years
C. 35 years
D. 36.5 years
A. 35.5 years
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