Question: 2 . A sub - contractor company you work for requires a concrete mixer for your construction firm as the one you currently use has
A subcontractor company you work for requires a concrete mixer for your construction firm as the one you currently use has reached the end of its life cycle. A plant hiring company has a secondhand concrete mixer for sale, which is still in good working order. Your company thus purchases the secondhand concrete mixing truck, which can carry approximately kg of concrete, for R What will the book value of the concrete mixer be after three years if the rate of depreciation is per annum, using:a the straightline method b the reducing balance method
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