Compute the book value at the beginning of year 5 of an equipment purchased at P1 350 000 if it has a salvage value of P600 000 after 10 years. Use straight line method. P1170000 O #933000 O P1320000 P1050000

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter9: Capital Budgeting And Cash Flow Analysis
Section9.A: Depreciation
Problem 2P
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ENGINEERING ECONOMY

Compute the book value at the beginning of year 5 of an equipment purchased at P1 350
000 if it has a salvage value of P600 000 after 10 years. Use straight line method.
O P1170000
O P933000
O P1320000
P1050000
Transcribed Image Text:Compute the book value at the beginning of year 5 of an equipment purchased at P1 350 000 if it has a salvage value of P600 000 after 10 years. Use straight line method. O P1170000 O P933000 O P1320000 P1050000
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