A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and in charges amounted to Php 18000; customs, broker's fees and arrastre services, Php 850o; taxes, pern other expenses, Php 25000. If the contractor estimates the life of the bulldozer to be 10 years with value of Php 20000, determine the book value at the end of 6 years, using a. Straight-line Formula b. Sinking Fund Formula at 8% C. Matheson Formula
A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and in charges amounted to Php 18000; customs, broker's fees and arrastre services, Php 850o; taxes, pern other expenses, Php 25000. If the contractor estimates the life of the bulldozer to be 10 years with value of Php 20000, determine the book value at the end of 6 years, using a. Straight-line Formula b. Sinking Fund Formula at 8% C. Matheson Formula
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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