A machine costs rs. 22,000 and it's salvage valueafter its useful life of 5 years is rs. 4,000. Earningsfor different years excluding depreciation cost are -earnings in rs2,0006,0008,00012,000Year1.23.4.514,000What is discounted cash flow of return?

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Answered: A machine costs rs. 22,000 and it's…

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter18: Accounting For Long-term Assets

Section: Chapter Questions

Problem 3CE

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A machine costs rs. 22,000 and it's salvage value after its useful life of 5 years is rs. 4,000. Earnings for different years excluding depreciation cost are - Year earnings in rs 2,000 6,000 8,000 12,000 14,000 What is discounted cash flow of return? 1. 3. 4.