3. A machine cost Php 12,380 and an estimated life of 6 years with a salvage value of Php 830. What is the book value after 4 years using straight-line method?
3. A machine cost Php 12,380 and an estimated life of 6 years with a salvage value of Php 830. What is the book value after 4 years using straight-line method?
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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Transcribed Image Text:3. A machine cost Php 12,380 and an estimated life of 6 years with a salvage value of
Php 830. What is the book value after 4 years using straight-line method?
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