A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and insurance charges amounted to Php 18000; customs, broker's fees and arrastre services, Php 8500; taxes, permits and other expenses, Php 25000. If the contractor estimates the life of the bulldozer to be 10 years with salvage 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 d. SYD Method
A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and insurance charges amounted to Php 18000; customs, broker's fees and arrastre services, Php 8500; taxes, permits and other expenses, Php 25000. If the contractor estimates the life of the bulldozer to be 10 years with salvage 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 d. SYD Method
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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