certain factory has a first cost of P163,000,000 with a salvage value of P163,000 at the end of its 25-year life. Solve for its book value on the 15th year using  a. Straight Line Method  b. Sinking Fund Method @ i = 10%  c. Declining Balance Method  d. Double Declining Balance Method  e. Sum of the Years Digit Method

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A certain factory has a first cost of P163,000,000 with a salvage value of P163,000 at the end of its 25-year life. Solve for its book value on the 15th year using 

a. Straight Line Method 

b. Sinking Fund Method @ i = 10%

 c. Declining Balance Method

 d. Double Declining Balance Method 

e. Sum of the Years Digit Method

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