achine having a certain first cost FC has a life of 10 years and a salvage value of 6% of the cost at the end of 10 years. If it has a book value of P 45,600 at the end of the 6th year, ho ch is the first cost of the machine if depreciation is computed using the Matheson's mula. ct one:
achine having a certain first cost FC has a life of 10 years and a salvage value of 6% of the cost at the end of 10 years. If it has a book value of P 45,600 at the end of the 6th year, ho ch is the first cost of the machine if depreciation is computed using the Matheson's mula. ct one:
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:machine having a certain first cost FC has a life of 10 years and a salvage value of 6% of the
st cost at the end of 10 years. If it has a book value of P 45,600 at the end of the 6th year, how
uch is the first cost of the machine if depreciation is computed using the Matheson's
rmula.
lect one:
a. Р 246,650
b. P 237,540
c. P 228,920
d P 225,000
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