Compute the accumulated depreciation at the end of year 5 of an equipment which wa purchased at P5 000 000 and with installation fee of P175 000 using double declining balance method. The equipment has an economic life of 20 years. P2056773.62 O P2119214.25 O P2071129.03

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter9: Capital Budgeting And Cash Flow Analysis
Section9.A: Depreciation
Problem 3P
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ENGINEERING ECONOMY

Compute the accumulated depreciation at the end of year 5 of an equipment which was
purchased at P5 000 000 and with installation fee of P175 000 using double declining
balance method. The equipment has an economic life of 20 years.
O P2056773.62
O P2119214.25
O P2071129.03
O P2029867.11
Transcribed Image Text:Compute the accumulated depreciation at the end of year 5 of an equipment which was purchased at P5 000 000 and with installation fee of P175 000 using double declining balance method. The equipment has an economic life of 20 years. O P2056773.62 O P2119214.25 O P2071129.03 O P2029867.11
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