The Rizal Park is maintained by 17 guards, who patrols the around 24 hours rotationally and 38 streetsweepers. If the streetsweepers have an average wage of Php 250,000 per year with benefits and the guards get Php 200,000. What is the capitalized cost today of all the future wages for park maintenance at an interest rate of 8% per year?

The Rizal Park is maintained by 17 guards, who patrols the around 24 hours rotationally and 38 streetsweepers. If the streetsweepers have an average wage of Php 250,000 per year with benefits and the guards get Php 200,000. What is the capitalized cost today of all the future wages for park maintenance at an interest rate of 8% per year?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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