estion 5 A consortium of international telecommunication companies contracted for the purchase and installment of a fiber optic cabie linking two major cities at a total cost of US$900 million The amount includes freight and installation charges estimated at 10% of the above contract price. If the cable shall be depreciated over a period of 14 years with zero salvage value What is the book value after 5 years using straight line method? Express your answer in whole number.

Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter13: Evaluating Transportation Alternatives
Section: Chapter Questions
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uestion 5
A consortium of international telecommunication companies contracted for the purchase and installment of a fiber optic cabie linking two major cities at a total cost of US$900 million. The
amount includes freight and installation charges estimated at 10% of the above contract price. If the cable shall be depreciated over a period of 14 years with zero salvage value. What is the
book value after 5 years using straight line method?
Express your answer in whole number.
Transcribed Image Text:uestion 5 A consortium of international telecommunication companies contracted for the purchase and installment of a fiber optic cabie linking two major cities at a total cost of US$900 million. The amount includes freight and installation charges estimated at 10% of the above contract price. If the cable shall be depreciated over a period of 14 years with zero salvage value. What is the book value after 5 years using straight line method? Express your answer in whole number.
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