A man bought an equipment which cost P520,000.00. Freight and installation expenses cost him 31,000.00. If the life of the equipment is 15 years with an estimated salvage value of P120,000.00, find its book value after 8 years.

Q: machine has a life of 30 years, costs $244300, and has a salvage value of $10880 using straight-line…

A: Given the cost price of a machine and its salvage value after the period of 30 years.  To find :…

Q: A new excavator costs $20,000 when purchased and has an annual maintenance cost of $1000. The…

A: Step 1: The cash flow diagram based on the data provided in the question is as follows: On an…

Q: Using the PW analysis on the basis of their capitalized cost to compare the Mutually Exclusive (ME)…

A: For machine APW=-Cost-Operating costPA,i,n+Salvage valuePF,i,n

Q: A man deposited (in the bank) 500,000 ID at the end of each month for four years with 10% interest…

A: Given data P=500,000ID n=15years Salvage value, F=2.5M Maintenance cost, M=250,000ID i=10%

Q: An electronic balance costs ₱90,000 and has an estimated salvage value of ₱8,000 at the end of its…

A: Cost of the electronic balance (C) = P90,000Estimated salvage value (S) = P8,000Lifetime (n) = 10…

Q: A machine has a life of 30 years, costs $237800, and has a salvage value of $14550 using…

A: Machine value (C) = $237800 Salvage value (S) = $14550 life of machine(n) = $30 years To find  Book…