2. PLEASE PROVIDE CORRECT, COMPLETE, AND COMPREHENSIVE SOLUTION AND ANSWER ASAP. 2. Josh plans to spend his 200,000.00 pesos to buy his first motorcycle and use it histransportation business. He plans to stay in the business for 4 years and sell themotorcycle for 50,000.00 pesos.a. How much is the depreciation rate of the motorcycle if he used a straight linemethod to compute the depreciation?b. How much is the motorcycle if he plans to sell it after 3 years?

Solution: Given Data cost of assets = 200000 salvage value = 50000 usefullife…

Answered: How much is the depreciation rate of…

How much is the depreciation rate of the motorcycle if he used a straight line method to compute the depreciation? How much is the motorcycle if he plans to sell it after 3 years?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

2. PLEASE PROVIDE CORRECT, COMPLETE, AND COMPREHENSIVE SOLUTION AND ANSWER ASAP.

2. Josh plans to spend his 200,000.00 pesos to buy his first motorcycle and use it his
transportation business. He plans to stay in the business for 4 years and sell the
motorcycle for 50,000.00 pesos.
a. How much is the depreciation rate of the motorcycle if he used a straight line
method to compute the depreciation?
b. How much is the motorcycle if he plans to sell it after 3 years?

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