The FC of asset is P710 000 while its salvage is P95 000. What is the depreciation charge during the third year if it has a useful life of 10 years? Use sum of the year's digits method. O P89455 O B81772 O 93945 O P86366

The FC of asset is P710 000 while its salvage is P95 000. What is the depreciation charge during the third year if it has a useful life of 10 years? Use sum of the year's digits method. O P89455 O B81772 O 93945 O P86366

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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ENGINEERING ECONOMY

The FC of asset is P710 000 while its salvage is P95 000. What is the depreciation
charge during the third year if it has a useful life of 10 years? Use sum of the year's digits
method.
O P89455
O P81772
P93945
O B86366

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