The University of Anba purchased equipment for the purposes of the reconstruction campaign a
The University of Anba purchased equipment for the purposes of the reconstruction campaign a
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
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Transcribed Image Text:Q 1/ The University of Anbar
purchased equipment
for the purposes of the
reconstruction campaign at
an amount of (800) million
Iraqi dinars, and the period of
use was estimated to be (8)
years. If the recoverable value
was (200) million dinars. Find
using the fixed ratio method. 1
- extinction in the third year 2
- cumulative extinction at the
end of the fifth year. 3- The
book value at the end of the
fifth year. 4- The book value at
the end of the useful life (the
period of use). 5- A statement
of what the book value in (4)
above means in comparison
with the recovered value.
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