Answered: an equipment costing P 270,000 has an…

an equipment costing P 270,000 has an estimated scrap value of P 25000 at the end of its economic life of 11 years. Using Double-Declining Balance Method, what is the book value after 7 years?

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter18: Life-cycle Costing

Section: Chapter Questions

Problem 4RQ

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an equipment costing P 270,000 has an estimated scrap value of P 25000 at the end of its economic life of 11 years. Using Double-Declining Balance Method, what is the book value after 7 years?

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