rate of depreciation by reducing balance method

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter9: Capital Budgeting And Cash Flow Analysis
Section9.A: Depreciation
Problem 1P
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Find the rate of depreciation by reducing balance method if the cost of the machine is rs 95000 it’s salvaged value is rs 14000 and useful life is 6 years
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