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- Q1 // The University of Anbar has purchased equipment for the purposes of the reconstruction campaign at an amount of (800) million Iraqi dinars, and the period of its use is estimated (8) years. If the recoverable value is (200) million dinars. Find using the fixed ratio method. 1) Extinction in the third year 2) The cumulative extinction at the end of the fifth year. 3) Book value at the end of the fifth year 4) The book value at the end of the useful life (the period of use). 5) A statement of what the book value in (4) above means in comparison with the recovered value.Question: The University of Anbar has purchased equipment for the purposes of the reconstruction campaign for the amount of (8000) million Iraqi dinars, and the period of its use is (8) years. If the recoverable value is (200) million dinars, find using the fixed ratio method: Extinction in the third year. The cumulative extinction at the end of the fifth year. The book value at the end of the fifth year. The book value at the end of the driving life (period of use). A statement of what the book value in (4) flags means in comparison with the recoverable value. éQ.6 An asset will cost $20 000 when purchased this year. It is further expected to have a salvage value of $2 000 at the end of its five year depreciable life. Determine: The depreciation and the book value for period 2 (using Straight Line) The depreciation and book value for period 4 (using the sinking fund method) with an interest rate of 10%, compounded annually. The depreciation and the book value for period 3 (using the declining balance method) by assuming 0.2 for (d). The depreciation and book value for period 2 (using the sum-of-the-years-digits method).
- Question Six: Two alternatives A and B are evaluated to select the most beneficial one. The details of them are shown in Figure (3). Figure (3) Alternatives Investments Useful life (years) Annual disbursements Annual revenues Salvage values Present Worth A B $60,000 $75,000 10 5 $25,000 $35,000 $45,000 $60,000 $5,000 $10,000 - $42,847 - $20,625Finance Machine X has an intial cost of $10,000. It is expected to last 12 years, to cost $200 per year to maintain and to have a salvage value of $1,000 at the end of its useful life. The equivalent uniform annual cost of the machine at 8% interest is most nearly ___________. A. $1,160 B. $1,507 C. $1,580 D. $1,475 E. None of the above Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Do not provide Excel Screet shot rather use tool table Answer completely.Use the following data: Asset cost $120,000 Expected life 4 years Estimated salvage value $12,000 Using the sum-of-the-years-digit method, the amount of depreciation for the third year would be Question 12 options: $28,000. $21,600. $30,000. $48,600.
- Given the two machines' data Machine A Machine B First Cost P8,000.00 P14,000.00 Salvage value Annual operation 2,000.00 3,000.00 2,400.00 Annual maintenance 1,200.00 1,000.00 Taxes and insurance 3% 3% Life, years 10 15 Money is worth at least 16% Using equivalent uniform annual cost method, determine the value of alternative A and alternative B: ANSWER for ALTERNATIVE A: Blank 1 ANSWER for ALTERNATIVE B: Blank 21. An equipment has a first cost of P500,000 and the cost of installation is P30,000. If the salvage value is 10% equipment cost at the end of the its useful life of 5 years. Compute the book value at the end of 3rd year. Using: A. Straight Line Method B. Sum of Years Digit Method C. Sinking Fund Method (if money is worth 6% per annum) D. Declining Balance Method E. Using Double Declining Balance MethodThe exit price of an asset is RO 10,000 and the cost of disposal of the asset is RO 150. The asset is estimated to yield a future cash flow of RO 1000 per annum for the next five years. The Net realizable value of the asset under current cost accounting is a. RO 10,850 b. RO 11,150 c. RO 9500 d. RO 9850
- 52. Equipment will be purchased at a cost of P250,000. It will have no salvage value. The cash flows are expected to be: P37,000, P48,000, P65,000, P71,000, P73,000, and P53,000 over the life of the equipment. What is the payback period? Group of answer choices 3.43 years 6.00 years 5.25 years 4.40 yearsAnswer the question below based on the following information. • The DDB method is used for appreciation • Basis = 150000 $ • Recovery period = 10 years • Salvage = 30000 $ %3D %3D The book value at year 10 is $. *Round to the nearest whole number (e.g. 123.4567 123 and 1234.5-1235)Note: Double Declining Balance = 200% Declining Balance A. How much is the depreciation for year 3? Select one: o a. P158,203.13 o b. P150,000 o c. P210,937.50 o d. P187,500 В. How much is the total depreciation as of year three using DDB method? C. What is the equipment's book value at the end of year three?