Answered: Find the salvage value of the machine…

Engineering

Civil Engineering

Find the salvage value of the machine if it has an economic life of 15 years.

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Question

5. A certain machine has an initial cost of P 50,000 and a book value of P 15,811.39 after five years.
Find the salvage value of the machine if it has an economic life of 15 years. Use declining balance
method.
A. PhP 1581
B. PhP 5000
C. PhP 3000
D. PhP 2317

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