An equipment was bough at P987,000 and expected to have a value of 12% of the original cost at end o 13 years. (i = 9.7% if needed.) Determine: *Note: SLM - Straight Line Method SFM - Sinking Fund Method SOY - Sum of the Years Method DBM - Declining Balance Method DDB - Double Declining Balance Method Format of answers: PhP xXX,XXX.XX 1A. Accumulated depreciation at end of 8th year using SLM: Your answer 1B. Depreciation Charge at 9th year using SLM: Your answer 1C. Book value at end of 5th year using SLM:
An equipment was bough at P987,000 and expected to have a value of 12% of the original cost at end o 13 years. (i = 9.7% if needed.) Determine: *Note: SLM - Straight Line Method SFM - Sinking Fund Method SOY - Sum of the Years Method DBM - Declining Balance Method DDB - Double Declining Balance Method Format of answers: PhP xXX,XXX.XX 1A. Accumulated depreciation at end of 8th year using SLM: Your answer 1B. Depreciation Charge at 9th year using SLM: Your answer 1C. Book value at end of 5th year using SLM:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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