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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
Section: Chapter Questions
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A hydraulic press costing Php 125,000 has an estimated life of 6 years with a book value of Php 42,000 at the end of the period. Compute the depreciation
per year using straight line method.
Php 16,833.33
Php 15,833.33
Php 14,833.33
Php 13,833.33
Transcribed Image Text:A hydraulic press costing Php 125,000 has an estimated life of 6 years with a book value of Php 42,000 at the end of the period. Compute the depreciation per year using straight line method. Php 16,833.33 Php 15,833.33 Php 14,833.33 Php 13,833.33
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