The depreciation deduction for year 11 of an asset with a 20-year useful life is $4,000. If the salvage value of the asset was estimated to be zero and straight-line depreciation was used to calculate the depreciation deduction for year 11, what was the initial cost of the asset? a. $42,105 b. $67,682 c. $72,682 d. $80,000.

Using straight-line depreciation, what is the book value after 2 years for an asset costing $152700 that has a salvage value of $32600 after 10 years?

A certain equipment has a first cost of P 12,000 and a salvage value of P 500 at the end of x years.  What is the value of x if the annual depreciation is P 1,437.5 using the Straight Line Method?

Quantities at which revenues and costs are equal. breakeven point inflection point knee point saturation point Amount of money available for capital investment projects capital budget cash flow capital recovery cost of capital Tax on the use of cars and buses on the road. toll tarif VAT green tax capital recovery cost of capital Interest rate paid for the use of capital funds. depreciation rate first cost cost of capital inflation rate It is an extreme form of inferior good. It arises ecause the income effect is opposite to and outweighs the substitution effect. giffen good merit good disguised good kability Number of years at which the annual worth of costs is at minimum. payback period life-cycle economic service life net present value

An asset cost $11,000 when acquired and had an estimated useful life of 10 years with no estimated residual value. Use straight line depreciation. During Year 7, the overall life was changed to 16 years   a) What should be recored as depreciation expense for Year 7? $_____________ b) What would the balance of accumulated depreciation be at the start of Year 8? $___________

What is the value of an asset after 8 years of use if it depreciates from its original value of P105,000 to its salvage value of 3% in 12 years using SLM?

1. SYDM: A property that is book-depreciated over a 10-year period by the Sum of Years Digit Method has $9,745.45 depreciation charge and $37,109.09 book value on the 3rd year. Determine the assumed salvage value of the property.   2. SYDM: A property that is book-depreciated over a 10-year period by the Sum of Years Digit Method has $7,309.09 depreciation charge and $21,272.73 book value on the 5th year. Determine the assumed salvage value of the property.

Assuming modified accelerated cost-recovery-system depreciation and an economic life of five years, what is the book value after three years of an asset of initial cost P? OA. 0.288P OB. 0.422P OC. 0.808P OD. 0.852P

Compute the declining-balance depreciation schedule for an asset with thefollowing data:

Consider a five-year MACRS asset purchasedat $80,000. (Note that a five-year MACRS propertyclass is depreciated over six years due to the half-yearconvention. The applicable salvage values would be$40,000 in year 3, $30,000 in year 5, and $10,000 inyear 6.) Compute the gain or loss amounts when theasset is disposed of in(a) Year 3.(b) Year 5.(c) Year 6