- The business purchased a machine for 24.000 TL on 01.06.2020 . The scrap value of the machine is 4.000 TL and its economic life is 5 years. The entity uses the straight-line method of depreciation. According to the information above , what is the amount of depreciation that should be allocated for 2020 ? a) 4,000 TL B) 8.800 TL NS) 5.700 TL D) 8.000 TL TO) 4.400 TL

- The business purchased a machine for 24.000 TL on 01.06.2020 . The scrap value of the machine is 4.000 TL and its economic life is 5 years. The entity uses the straight-line method of depreciation. According to the information above , what is the amount of depreciation that should be allocated for 2020 ? a) 4,000 TL B) 8.800 TL NS) 5.700 TL D) 8.000 TL TO) 4.400 TL

EBK CFIN

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ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter10: Project Cash Flows And Risk

Section: Chapter Questions

Problem 4PROB

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The business purchased a machine for 24.000 TL on 01.06.2020 . The scrap value of the machine is 4.000 TL and its economic life is 5 years. The entity uses the straight-line method of depreciation.

According to the information above , what is the amount of depreciation that should be allocated for 2020 ?

4,000 TL

8.800 TL

NS)

5.700 TL

8.000 TL

TO)

4.400 TL

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