5. A secondhand photocopying machine was used by a family for their main business for 3...

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5. A secondhand photocopying machine was used by a family for their main business for 3 years. Later on, they decided not to invest on this machine anymore and was only serving its purpose to some selected customers as they shifted to piggery business. Ten (10) years from the time they obtained the machine, it was only serving its purpose for the family. Five (5) years after, it was sold to their relative, making it the third owner. Which of these can be concluded based on the story? A. The machine's physical life is 18 B. The machine's useful life is 10 years. C. The machine's ownership life is 15 years. years. D. The machine's useful life is 15 years. 6. Referring to the same story from number 15, which of these is/are (a) fact(s)? A. It is impossible to determine the machine's ownership life under the second owner. B. The true economic life of the machine is 7 years. C. The story is not enough to conclude that the useful life is 10 years. D. The useful life and ownership life under the second owner are equal. 5. A secondhand photocopying machine was used by a family for their main business for 3 years. Later on, they decided not to invest on this machine anymore and was only serving its purpose to some selected customers as they shifted to piggery business. Ten (10) years from the time they obtained the machine, it was only serving its purpose for the family. Five (5) years after, it was sold to their relative, making it the third owner. Which of these can be concluded based on the story? A. The machine's physical life is 18 B. The machine's useful life is 10 years. C. The machine's ownership life is 15 years. years. D. The machine's useful life is 15 years. 6. Referring to the same story from number 15, which of these is/are (a) fact(s)? A. It is impossible to determine the machine's ownership life under the second owner. B. The true economic life of the machine is 7 years. C. The story is not enough to conclude that the useful life is 10 years. D. The useful life and ownership life under the second owner are equal.

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5 C The machine ownership life is 15 years Reasons Ownership life ends when the ... View the full answer