Question: can someone help me out please Problem 1 A manufacturing plont was built 8 years ago at an original cost of P35.000.000 on a 6.000
Problem 1 A manufacturing plont was built 8 years ago at an original cost of P35.000.000 on a 6.000 sq.m. lot costing PI,500 a sq.m. The plant is estimated to last 20 years with a net value of P5,000.000. The equipment installed 8 years ogo cost P6.000.000 and are expected to operate economically for 15 years with an end of life value of P300,000. Five years ago. the company purchased a new equipment to augment the existing ones at a cost of P2.800.000. These will also last for 15 years with value at that time of P280,000. Determine the valuation of the plant now at 9% interest rate
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