1. A company bought a machine for BD300,000 which has a useful life of 7 years and can be sold for BD30,000 at the end of its useful life. Determine the a. Depreciation schedules, dn b. Accumulated depreciation, Dn c. Book value, Cn using straight line method and double declining balance method. Generate the plots using Microsoft excel. 2. Repeat problem #1 if there is an installation cost of BD20,000. 3. Repeat problem #1 if there is a dismantling cost of BD5,000.
1. A company bought a machine for BD300,000 which has a useful life of 7 years and can be sold for BD30,000 at the end of its useful life. Determine the a. Depreciation schedules, dn b. Accumulated depreciation, Dn c. Book value, Cn using straight line method and double declining balance method. Generate the plots using Microsoft excel. 2. Repeat problem #1 if there is an installation cost of BD20,000. 3. Repeat problem #1 if there is a dismantling cost of BD5,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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