A 17 year old machine is assumed to have depreciated continuously at an annual rate of 9% and now its re-sale value is £16000. What was the original purchase price of the machine? Give your answer to the nearest whole number.
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- If the total depreciation on year 5 is 31,164 and the book value on the same year is 120,565 and the machine has a life of 15 years, what is the salvage value of the machine using SLM? Write your answer in two decimal places.A machine costs P 7,350, has a life of 8 years and has a salvage value of P 350 at the end of 8 years. In how many years from now when you can sell the machine at P 2,294.44 if depreciation used is SYD Method?A piece of machinery costs P50,000 and has an anticipated P8,000 salvage value at the end of its six-year depreciable life. Using straight line method, what is the annual cost of depreciation?
- An automated assembly robot that cost $400,000 has a depreciable life of five years with a $100,000 salvage value. If the MACRS depreciation rates for years 1, 2, and 3 are 20.00, 32.00, and 19.20%, respectively, what is the book valueof the robot at the end of year three?A piece of machinery costs P50,000 and has an anticipated P8,000 salvage value at the end of its six-year depreciable life. What is its depreciated value at the end of 4 years? Use sum-of-years digits depreciation.1. A certain building has a salvage value of P 1 million after 50 years. Annual depreciation is Php 2 M. Using the Straight Line Method, how many years after should you sell the building for Php 30 M?
- A machine with a purchase value of (150,000) dollars and the useful life of the machine is 7 years. Calculate the annual depreciation of the machine | And the book value for each year by the method of the sum of the years of the productive life, if you know that the book value of the machine at the end of its life (the ruins) is 80,000 dollars.A machine with a purchase value of 850,000 dollars and the productive life of the machine is 7 years. Calculate the annual depreciation of the machine and the book value for each year using the sum of the numbers of years of the productive life if you know that the book value of the machine at the end of its life is 150,000 dollars?An electronics balance costs P87,000 and has an estimated salvage value of P8,000 at the end of its 12 years lifetime. What would be the depreciation after three years, using the sum of the years digit in solving for the depreciation?
- 1.A machine costs P 8,000 and an estimated life of 10 years with a salvage value of P500. What is the book value after 8 years using the straight-line method? 2.A company purchases an asset for P10,000 and plans to keep it for 20 years. the salvage value is zero at the end of the 20th year. What is the depreciation value in the 3rd year? Use Sum-of-the-Years-Digits Depreciation Method. For determining For the sum of years, you can use n(n+1)/2 as a formula, where n=useful life Please help me with this, thankyouuuA machine with a purchase value of 000 850 $ The productive life of the machine is 7 years. Calculate the annual depreciation of the machine and the book value for each year by using the sum of the numbers of years of the useful life if you know that the book value of the machine at the end of its life is (150000)8) A machine costing P2,500 has an estimated useful life of 4 years with a scrap value of P500. Compute its depreciation using A. Straight-line Method a. If the management will decide to sell the machine after 2 years, what is its book value? b. After 3 years, what is the accumulated depreciation? B. Sum of year's digit method a. If the management will decide to sell the machine after 3 years, what is its book value? b. After 2 years, what is the accumulated depreciation? 9) Crispin wants to buy a motorcycle. His mother will loan him some money at only 6% compounded quarterly. If Crispin estimates that he will be able to repay a total of P3,600 in 2 years, A. How much should he borrow from his mother today? B. How much is the discount interest that his mother will gain out of the loan? 10) Compute the simple interest and final amount of each loan Principal Rate Time Interest Final amount P 400 7% ? ? 1 year 3 months P 640 9% ? ? P 985 10% ? ? 180 days (ordinary time period) 60 days…