Not use excel Q)What is the depreciation charge of an equipment purchased four years ago for $120,000, a salvage value of $20,000, and a expected life of 4 years if it is depreciated using a straight line method ? a. $14,285.71 b. 11,428.60 c. $25,000 d. $20,000
Not use excel Q)What is the depreciation charge of an equipment purchased four years ago for $120,000, a salvage value of $20,000, and a expected life of 4 years if it is depreciated using a straight line method ? a. $14,285.71 b. 11,428.60 c. $25,000 d. $20,000
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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Not use excel
Q)What is the depreciation charge of an equipment purchased four years ago for $120,000, a salvage value of $20,000, and a expected life of 4 years if it is depreciated using a straight line method ?
a. $14,285.71
b. 11,428.60
c. $25,000
d. $20,000
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