Au automatic hydraulic roof support system for an underground mine costs AUD$36 million, which is purchased...
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Au automatic hydraulic roof support system for an underground mine costs AUD$36 million, which is purchased under a bank loan at interest rate of 8%. The depreciation period = 6years, maintenance costs per year amount to 10% of the purchasing price. Determine the annual depreciation, maintenance cost and loan interest. Au automatic hydraulic roof support system for an underground mine costs AUD$36 million, which is purchased under a bank loan at interest rate of 8%. The depreciation period = 6years, maintenance costs per year amount to 10% of the purchasing price. Determine the annual depreciation, maintenance cost and loan interest.
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Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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