P20,000,000. The supplier provides the entity one additional truck of the same kind with a fair value of P800,000. How much will be the individual cost of each truck? Group of answer choices P960,000 P1,000,000 P952,381 P800,000
P20,000,000. The supplier provides the entity one additional truck of the same kind with a fair value of P800,000. How much will be the individual cost of each truck? Group of answer choices P960,000 P1,000,000 P952,381 P800,000
Chapter3: Income Sources
Section: Chapter Questions
Problem 88P
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Question
A government entity acquires 20 trucks for a total price of P20,000,000. The supplier provides the entity one additional truck of the same kind with a fair value of P800,000. How much will be the individual cost of each truck?
Group of answer choices
P960,000
P1,000,000
P952,381
P800,000
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