The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6- year life. Find the book value of the equipment after 4 years using the Straight Line Method. Select one: О aР21,824 O b. P 22,456 О с.Р23,667 O d. P 20,668

The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6- year life. Find the book value of the equipment after 4 years using the Straight Line Method. Select one: О aР21,824 O b. P 22,456 О с.Р23,667 O d. P 20,668

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6-
year life. Find the book value of the equipment after 4 years using the Straight Line Method.
Select one:
O a. P 21,824
O b. P 22,456
O c. P 23,667
O d. P 20,668

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