An industrial plant bought a generator set for P80,000. Other expenses including installation amounted to P20,000. The generator set is to have a life of 17 years with a salvage value of P5000. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by: (a.) Declining balance method (b.) Double declining balance method (c.) sinking fund method at 12% (d.) SYD method

Q: An engineer bought an equipment for P500, 000. Other expenses including installation amounted to…

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Q: An asset costs $17450 and has a scrap value of $9700 after 5 years. Calculate its book value using…

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Q: ECON A house and lot costing P2 million was bought at a down payment of P500,000 and P1 million…

A: To find the required payment at the end of the third year on the remaining balance of a house and…

Q: How much is the building worth at the end of 40 years

A: GIVEN: Initial Cost P : 1000,000/- Useful life : 50 years First 15 years : Double Declining Next 15…

Q: A machine costs Php. 7,000.00, last 8 years and a salvage value at the end of life of Php.350.00.…

A: Given data: Machine cost, Ci = Php 7000 Age of machine, n = 8 years Salvage value, Cs = Php 350 (a)…

Q: For a nominal rate of 6% compounded semi-quarterly for 8 years in an ordinary annuity, compute the…

A: Given data- Rate of interest (I) = 6% compounded semi-quarterly Time (n) = 8 years

Q: Apply the following methods   1.) present worth method  2.) Annual worth method  3.) Benefit cost…

A: 1.  Present Worth Method:• Calculate the future worth of the annual revenue using the given compound…

Q: 5. A truck for hauling coal has an estimated net cost of $55,000 and is expected to give service for…

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Q: 2. A fixed capital investment of P10, 000,000.00 is required for a proposed manufacturing plant and…

A: The fixed capital investment is P=10,000,000 The depreciation is 10%. The depreciation amount per…