A machine costs P7,000, last 8 years and has a salvage value at the end of life of P350. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by the following methods at an interest rate of 12%. a) Straight line Method b) Declining Balance Method c) SYD Method

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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A machine costs P7,000, last 8 years and has a salvage value
at the end of life of P350. Determine the depreciation
charge during the 4th year and the book value at the end of 4
years by the following methods at an interest rate of 12%.
a) Straight line Method
b) Declining Balance Method
c) SYD Method
Transcribed Image Text:A machine costs P7,000, last 8 years and has a salvage value at the end of life of P350. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by the following methods at an interest rate of 12%. a) Straight line Method b) Declining Balance Method c) SYD Method
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