Josh bought a huge photocopier machine for 350,000.00 pesos for his new business and will use it for 9 years with a salvage value 85,000.00 pesos. a. How much is the book value on the 4th year if he used sum of the years digit method in computing the depreciation? b. How much is the total depreciation after using the machine for 3 years?
Josh bought a huge photocopier machine for 350,000.00 pesos for his new business and will use it for 9 years with a salvage value 85,000.00 pesos. a. How much is the book value on the 4th year if he used sum of the years digit method in computing the depreciation? b. How much is the total depreciation after using the machine for 3 years?
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
Problem 1PS
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Josh bought a huge photocopier machine for 350,000.00 pesos for his new business and will use it for 9 years with a salvage value 85,000.00 pesos.
a. How much is the book value on the 4th year if he used sum of the years digit method in computing the
b. How much is the total depreciation after using the machine for 3 years?
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