cakSITUATION 4:A forklift is worth P10.2M. It has a lifetime of11 years and has a salvage value of 3.2M.30. How much is it worth after 4 years using00Straight Line Method of Depreciation?a. P8.125Mb. P7.655Mc. P7.156Md. P8.125M31. How much is it worth after 4 years usingMatheson's formula of depreciation?b. 27.938Md. P6.825Ma. P7.716MC. P6.692M32. How much is it worth after 4 years usingDouble Declining Balance Method?b. P4.571Ma. $4.216MC. P5.716Md. #5.893M33. How much is it worth after 4 years usingSinking Fund Method with i=10%?a. P1.753Mb. P1.935Mc. P8.265Md. P8.447MPROBL EM 34:

Depreciation:- It is the reduction in cost due to normal wear and tear and effluxion of time. There…

Answered: SITUATION 4: A forklift is worth…

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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SITUATION 4: A forklift is worth P10.2M. It has a lifetime of 11 years and has a salvage value of 3.2M. 30. How much is it worth after 4 years using Straight Line Method of Depreciation? a. P8.125M b. 27.655M