The capital recovery is the AW of an investment; it decreases with each year of ownership. The salvage value S which usually decreases with time, is the estimated market value in that year. The market value on the 3rd year of an investment whose initial cost is P450,000 and no expected salvage value at the end of its economic service life of 8 years is close to:

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The capital recovery is the AW of an investment; it decreases with each
year of ownership. The salvage value S which usually decreases with time,
is the estimated market value in that year. The market value on the 3rd
year of an investment whose initial cost is P450,000 and no expected
salvage value at the end of its economic service life of 8 years is close to:
Transcribed Image Text:The capital recovery is the AW of an investment; it decreases with each year of ownership. The salvage value S which usually decreases with time, is the estimated market value in that year. The market value on the 3rd year of an investment whose initial cost is P450,000 and no expected salvage value at the end of its economic service life of 8 years is close to:
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