Last year, your company, a Gl class contractor has invested in a construction machinery costing RM 500,000. The life cycle of machinery is about 5 years. Then the company usually will replace with a new machinery to reduce an operation and maintenance cost. The percentage of depreciation value (per year) are shown in Table 1. Select ONE (1) year when you want to sell and calculate the value of sunk cost. OPEN ENDED C3 Table 1 Percent of Depreciation Value and Sold Price Percent of Depreciation Value (per year) Year Sold Price (RM) 6% 210000 3 8% 195000 4 10% 175000 5 12% 150000

Last year, your company, a Gl class contractor has invested in a construction machinery costing RM 500,000. The life cycle of machinery is about 5 years. Then the company usually will replace with a new machinery to reduce an operation and maintenance cost. The percentage of depreciation value (per year) are shown in Table 1. Select ONE (1) year when you want to sell and calculate the value of sunk cost. OPEN ENDED C3 Table 1 Percent of Depreciation Value and Sold Price Percent of Depreciation Value (per year) Year Sold Price (RM) 6% 210000 3 8% 195000 4 10% 175000 5 12% 150000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Define TED spread
Zhhshsdhhsdhhsjsjshsnsns
Define agent
Whatisthedifferencebetweensimpleinterestandcompoundinterest?
Define SML equation
should be answered in the format below
What is busd What is xrp How they works
How to calculate WACC
what about quesitons E and F?
Explain FIFO & LIFO .
Piper Specialty Store Ltd. completed the following merchandising transactions in the month of May 2021. At the beginning of May, Piper's ledger showed Cash $7,000; Accounts Receivable $1,900; Inventory $3,500; Common Shares $7,800; and Retained Earnings $4,600. Piper Specialty has experienced a return rate of 2% of sales and uses a perpetual inventory system. Purchased merchandise on account from Depot Wholesale Supply Ltd. for $5,340, terms 1/10, n/30, FOB shipping point. May 3 Freight charges of $137 were paid by the appropriate party on the merchandise purchased on May 1. Sold merchandise on account to Yip Company for $3,500, terms n/30, FOB destination. The cost of the merchandise was $2,400. 7 Freight charges of $86 were paid by the appropriate party on the May 4 sale. 8. Received a $140 credit from Depot Wholesale Supply when merchandise was returned. Paid Depot Wholesale Supply in full. 11 Purchased supplies for $390 cash. 14 Received payment in full from Yip Company for…
What does XBRL stand for?