A machine having a first cost of P60,000 will be retired at the end of 8 years. Depreciation cost is computed using a constant percentage of the declining book value. What is the total cost of depreciation in pesos, up to the time machine is retired if the annual rate of depreciation is 28.73%? 57,000 56,000 58,000 59,000
A machine having a first cost of P60,000 will be retired at the end of 8 years. Depreciation cost is computed using a constant percentage of the declining book value. What is the total cost of depreciation in pesos, up to the time machine is retired if the annual rate of depreciation is 28.73%? 57,000 56,000 58,000 59,000
Chapter9: Capital Budgeting And Cash Flow Analysis
Section: Chapter Questions
Problem 2P
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![A machine having a first cost of P60,000 will be retired at the end of 8 years.
Depreciation cost is computed using a constant percentage of the declining
book value. What is the total cost of depreciation in pesos, up to the time
machine is retired if the annual rate of depreciation is 28.73%?
57,000
56,000
58,000
59,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa6c79096-4ec7-4749-8c6a-26cd07f5d0fd%2F7986e059-38d9-47e5-b7e2-b1d05ddb93ec%2Ft8mued_processed.png&w=3840&q=75)
Transcribed Image Text:A machine having a first cost of P60,000 will be retired at the end of 8 years.
Depreciation cost is computed using a constant percentage of the declining
book value. What is the total cost of depreciation in pesos, up to the time
machine is retired if the annual rate of depreciation is 28.73%?
57,000
56,000
58,000
59,000
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