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3. A factory purchased a machine at price RM165,000. The machine has an expected life of 15 years. It will then have a scrap value of RM15,000. No use excel. Find the book value after 5 years using the straight-line method. (RM115000

3. A factory purchased a machine at price RM165,000. The machine has an expected life of 15 years. It will then have a scrap value of RM15,000. No use excel. Find the book value after 5 years using the straight-line method. (RM115000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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3. A factory purchased a machine at price RM165,000. The machine has an expected life of 15 years. It will then have a scrap value of RM15,000. No use excel. Find the book value after 5 years using the straight-line method. (RM115000)
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