A building has a salvage value of P1 M after 50 years. Annual depreciation is P2 M. Using straight line method of depreciation, how many years after should you sell the building for P40 M? Select one: O a. 25 years O b. 35.5 years O c. 28.5 years O d. 30 years

A building has a salvage value of P1 M after 50 years. Annual depreciation is P2 M. Using straight line method of depreciation, how many years after should you sell the building for P40 M? Select one: O a. 25 years O b. 35.5 years O c. 28.5 years O d. 30 years

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 6RQ

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FAST PLEASEEE, YOU CAN USE SHORTCUT METHODS TO SOLVE THEM, THANK YOUUU!!!

A building has a salvage value of P1 M after 50 years. Annual depreciation is P2 M. Using
straight line method of depreciation, how many years after should you sell the building for
P40 M?
Select one:
O a. 25 years
O b. 35.5 years
O c. 28.5 years
O d. 30 years

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