A lathe machine was purchased 12 years ago for P50,000. As the life of the machine was 20 years, a straight line depreciation reserve has been providedIt can sell the old unit for P15,000. The new machine will cost P75,000. Determine the new capital required to buy the new machine

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Q: The total cost of a new building is Rs. 1,80,000. Calculate the depreciated cost of the building…

A: Given data  Total cost of building= 180000/- Scrap value is 18000/- Life = 75yr

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Q: Dr. Max borrowed P3, 500, 000 at 8% for 10 years. The loan stipulated that the following payments…

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Q: The purchase cost of an excavating machine is $200,750. After a useful life of 6 years, it is…

A: Given, Present value P=200750 $ N=6 years  Salvage value F= 45000 $ Interest i=12.7 %

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Q: Ten years ago a businessman purchased a machine for P 50,000 with an expected life of 20 years based…

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Q: Determine which is the better alternative, assuming using straight-line depreciation method, an…

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Q: Save Calculate the annual percentage depreciation of a machine using the constant percentage method,…

A: Given value: Scrap value = 3000 Original cost = 12000 Life of machine = 8 years