A rebar bender with a capacity of 16mm up to 25mm capacity was purchased 5 years ago with an original cost of P80,000 to has a useful life of 12 years. Its salvage value is P800. A trading shop offers that they can purchase the machine for P1200. Determine the sunk cost and identify if it is a profit or a loss with the use of: a.) The straight line method b.) Declining Balance method c.) SYD
A rebar bender with a capacity of 16mm up to 25mm capacity was purchased 5 years ago with an original cost of P80,000 to has a useful life of 12 years. Its salvage value is P800. A trading shop offers that they can purchase the machine for P1200. Determine the sunk cost and identify if it is a profit or a loss with the use of: a.) The straight line method b.) Declining Balance method c.) SYD
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A rebar bender with a capacity of 16mm up to 25mm capacity was purchased 5 years ago with an original cost of P80,000 to has a useful life of 12 years. Its salvage value is P800. A trading shop offers that they can purchase the machine for P1200. Determine the sunk cost and identify if it is a
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