HOW COMPLETE SOLUTIONS. DRAW CASH FLOW DIAGRAMS. DEPRECIATION 1. You are planning to sell your electronic manufacturing plant originally costing P250,000 when it was put up 15 years ago. Some equipment originally costing P10,000 was replaced 10 years ago with new equipment costing P15,000. The equipment installed 10 years ago has now depreciated by P7,500. The depreciation of the remaining portion of the plant originally installed 15 years ago is now P40,000. Determine the present book value of your plant.
HOW COMPLETE SOLUTIONS. DRAW CASH FLOW DIAGRAMS. DEPRECIATION 1. You are planning to sell your electronic manufacturing plant originally costing P250,000 when it was put up 15 years ago. Some equipment originally costing P10,000 was replaced 10 years ago with new equipment costing P15,000. The equipment installed 10 years ago has now depreciated by P7,500. The depreciation of the remaining portion of the plant originally installed 15 years ago is now P40,000. Determine the present book value of your plant.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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SHOW COMPLETE SOLUTIONS. DRAW
DEPRECIATION
1. You are planning to sell your electronic manufacturing plant originally costing P250,000 when it was put up 15 years ago. Some equipment originally costing P10,000 was replaced 10 years ago with new equipment costing P15,000. The equipment installed 10 years ago has now
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