An equipment was bought for P1 500 000 and has a salvage value of P600 000 at the end of its life. If the book value of the equipment is P870 000 at the end of two years, find the life span using Sum of Years Digit?

An equipment was bought for P1 500 000 and has a salvage value of P600 000 at the end of its life. If the book value of the equipment is P870 000 at the end of two years, find the life span using Sum of Years Digit?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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