Question: ii. Fixed Assets replacement is a costly process. Following are the expected life span of the machines & durability. The Board of Directors is expecting

ii. Fixed Assets replacement is a costly process. Following are the

ii. Fixed Assets replacement is a costly process. Following are the expected life span of the machines & durability. The Board of Directors is expecting to work with 20 laptop machines in the first three years (2021 to 2023) & 30 laptop machines in the next two years. (2024 to 2025) Laptop Durability Backup No. Laps (Purchased Year) HP 5 years 1 year 3 (2016), 5(2018), 4 (2020) Dell 4 years 2 years 4 (2017), 5 (2018), 2 (2019) Therefore, the Board of Directors asks you to prepare a fixed assets replacement plan for the next five years (2021 to 2025) (10 Marks)

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