a car was purchased two years ago it value depreciates at 20% per annum if its present value is 400000 then find its value after 2 years
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A: Depreciation is the decrement in the value of asset due to usage, wear and tear obsolence or due to…
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A: Electronic Computer = $90,000 SAlvage Value = $10,000 Years = 10 Depreciation each year = [Cost -…
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Q: Compute the depreciation charge and its book value after 10 years using declining balance method.
A: Depreciation rate= 100/Useful life = 100/15 = 6.67%
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A: Purchase Price = 45,000 Salvage Value = 13,000 Time Period = 10 years
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A: Answer 1)
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A: As per the guidelines, only one question is allowed to be solved. Please upload different questions…
Q: A manufacturing company buys a machine fir 50000. It estimates the machine's useful life is 20 years…
A: Annual depreciation charge = (Cost of machine - Salvage value) / Useful life of machine
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- Taos Productions bought a piece of equipment for $79,860 that will last for 5 years. The equipment will generate net operating cash flows of $20,000 per year and will have no salvage value at the end of its life. What is the internal rate of return?Cinemar Productions bought a piece of equipment for $55,898 that will last for 5 years. The equipment will generate net operating cash flows of $14,000 per year and will have no salvage value at the end of its life. What is the internal rate of return?1. Sail Stationery Company bought a copying machine at RM12000. The company expects to use it for 5 years. It will then have a scrap value of RM2000. Using the reducing balance method, calculate a) the annual rate of depreciation (30.12%) b) the book value at the end of the 3rd year. (RM4095.35)
- A new car is purchased for \$25,000$25,000 and over time its value depreciates by one half every 5.5 years. How long, to the nearest tenth of a year, would it take for the value of the car to be \$1,400$1,400?The value of an automobile depreciates at the rate of 15% per year. What will be the value of an automobile 3 years hence which is now purchased for P45,000? Complete and clear solution must be shown.A company purchases an asset for P 10,000.00 and plans to keep it for 20 years. If the salvage value is zero at the end of the 20th year: (a) What is the depreciation in the third year? (b) What is the total depreciation at the end of 14 years? (c) What is the book value of the asset at the end of 8 years? Use sum-of-the-year’s digits depreciation.
- George Company has the opportunity to purchase an asset that costs $40,000. The asset is expected to increase net income by $10,000 per year. Depreciation expense will be $5,000 per year. Based on this information the payback period is: A) 4 years. B) 2.5 years. C) 2.67 years. D) 8 years.A property was purchased 5 years ago for $1mil and provided NOI of $70,000 in Year 1, increasing at 5% per annum. What price would a potential buyer have to pay today; if income yields for the property have fallen by 1%? Select one: a. $1,122,341 b. $945,202 c. $1,488,995.17 d. $985,333 e. $1,215,506A manufacturing company buys a machine fir 50000. It estimates the machine's useful life is 20 years and that it cant be sold for 5000. Using straight line depreciation, what is the annual depreciation charge?
- A truck was purchased for $58,000 and depreciates $6560 per year. Suppose that the vehicle is depreciated so that it holds 60% of its value from the previous year. Write an exponential function of the form =yV0bt , where V0 is the initial value and t is the number of years after purchase.A brand new car was bought at a cost of P1. 872 million with a scrap value when worn out of P350, 000 at the end of 7 years. If the cost of a money is worth 5% effective, a) Find the annual depreciation ; a) Find the accrued depreciation; b) after four years ; c) What is the book value of the car at the end of five years?A machine costs $20,000. The machine can be disposed of after 2 years for $10,000. What is the ordinary gain using the following depreciation methods? 100% bonus depreciation. 5-year MACRS. 150% declining balance with N=5 years
