A certain office equipment has a first cost of P 20,000 and a salvage value of P 1,000 at the end of 10 years. Determine its book value at the end of 6 years using declining balance method. 8,600.00 3,311.00 1,657.38 9,280.00 11,400.00 1,000.00

A certain office equipment has a first cost of P 20,000 and a salvage value of P 1,000 at the end of 10 years. Determine its book value at the end of 6 years using declining balance method. 8,600.00 3,311.00 1,657.38 9,280.00 11,400.00 1,000.00

Name: A certain office equipment has a first cost of P 20,000 and a salvage
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Description: A certain office equipment has a first cost of P 20,000 and a salvage value of P 1,000 at the end of 10 years. Determine its book value at the end of 6 years using declining balance method.8,600.003,311.001,657.389,280.0011,400.001,000.00

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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