A machine is bought at P150,000 with an economic life of 6 years and a salvage value of P5,000. The cost of money is 12% per year. If the first-year depreciation of money is P41,428.57, what method of depreciation was used? Sinking Fund Method Sum of the Year's Digit Method Straight Line Method Declining Balance Method

A machine is bought at P150,000 with an economic life of 6 years and a salvage value of P5,000. The cost of money is 12% per year. If the first-year depreciation of money is P41,428.57, what method of depreciation was used? Sinking Fund Method Sum of the Year's Digit Method Straight Line Method Declining Balance Method

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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