An item of stock was valued at 5.000 at 31.12.N. A provision for slow-moving stock of...
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An item of stock was valued at 5.000 at 31.12.N. A provision for slow-moving stock of 10% was required at 31.12.N. At 31.12.N+1 a further provision of 20% of the net value was required. At 31.12.N+2 and 31.12.N+3 further provisions of respectively 30% and 40% of the net value were required. What was the net value of this stock item at 31.12.N+3 ? a. 0 b. 1.250 c. 1.512 d. 2.500 An item of stock was valued at 5.000 at 31.12.N. A provision for slow-moving stock of 10% was required at 31.12.N. At 31.12.N+1 a further provision of 20% of the net value was required. At 31.12.N+2 and 31.12.N+3 further provisions of respectively 30% and 40% of the net value were required. What was the net value of this stock item at 31.12.N+3 ? a. 0 b. 1.250 c. 1.512 d. 2.500
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