1. A certain equipment has a first cost P900,000, life of 8 years and a salvage value of P200,000. What is the book value of the equipment after 5 years using straight line method?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 2E: Average rate of returncost savings Maui Fabricators Inc. is considering an investment in equipment...
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Engineering economy
ENGINEERING ECONOMY
ASSIGNMENT #3
Instruction: Use the formulas from module 6 to answer the following problems.
1. A certain equipment has a first cost P900,000, life of 8 years and a salvage value of P200,000.
What is the book value of the equipment after 5 years using straight line method?
Transcribed Image Text:ENGINEERING ECONOMY ASSIGNMENT #3 Instruction: Use the formulas from module 6 to answer the following problems. 1. A certain equipment has a first cost P900,000, life of 8 years and a salvage value of P200,000. What is the book value of the equipment after 5 years using straight line method?
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