an engineer bought a piece of equipment for 500000. he spent amount of 20000 for installation and other expenses. the salvage value is 10% of the initial first cost wit a life for 12 years. determine the book value after 6 years using the straight line method
an engineer bought a piece of equipment for 500000. he spent amount of 20000 for installation and other expenses. the salvage value is 10% of the initial first cost wit a life for 12 years. determine the book value after 6 years using the straight line method
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
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an engineer bought a piece of equipment for 500000. he spent amount of 20000 for installation and other expenses. the salvage value is 10% of the initial first cost wit a life for 12 years. determine the book value after 6 years using the straight line method
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