A printer cost P96,647. After making 600,000 prints the trade-in value of the copier would only be P10,000. Using the Declining Balance Method, find its book value after producing 150,000 copies. P63,899.17 P54,813.97 P58,031.55 P51,961.54

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
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A printer cost P96,647. After making 600,000 prints the trade-in value of the
copier would only be P10,000. Using the Declining Balance Method, find its book
value after producing 150,000 copies.
P63,899.17
P54,813.97
P58,031.55
P51,961.54
Transcribed Image Text:A printer cost P96,647. After making 600,000 prints the trade-in value of the copier would only be P10,000. Using the Declining Balance Method, find its book value after producing 150,000 copies. P63,899.17 P54,813.97 P58,031.55 P51,961.54
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