A certain machine has book value of P120,000 after 5 years and P80,000 after 7 years. The book value is computed using Straight Line Method. Determine the initial cost of the equipment. P200,000 P260,000 P240,000 P220,000

A certain machine has book value of P120,000 after 5 years and P80,000 after 7 years. The book value is computed using Straight Line Method. Determine the initial cost of the equipment. P200,000 P260,000 P240,000 P220,000

Name: A certain machine has book value of P120,000O after 5 years and P80,0
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Description: A certain machine has book value of P120,000O after 5 years and P80,000 after 7years. The book value is computed using Straight Line Method. Determine theinitial cost of the equipment.P200,000O P260,000P240,000O P220,000

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section: Chapter Questions

Problem 2P

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