Question: Using DBM, when is the t year with a book value of P6,053 if the asset is bought at a price of P17,718.00 and a

Using DBM, when is the t year with a book value

of P6,053 if the asset is bought at a price of P17,718.00

Using DBM, when is the t year with a book value of P6,053 if the asset is bought at a price of P17,718.00 and a salvage value of P2,099.00? The economic life is expected within 5 years. Answer round off to two decimal places If machine has a first cost which is five times of its salvage value and the annual depreciation charge is equal to P1,426.00 and a recovery period of 13 years. How much is the first cost in pesos

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Explore the differences in the japanese and american investment decision-making processes and the conflicts that arise from there. TOKYO DISNEYLAND AND THE DISNEYSEA PARK: CORPORATE GOVERNANCE AND...

It is becoming widely expected that interest rates will rise in the coming year. In recent weeks the 10 year US bond has risen from about 1.50% to 1.80%. Using the appendix for chapter 2 on Webster...

A telephone company purchased a Communications Trainer worth P 250,000. Freight and insurance charges amounted to P 18,000; customs, cargo and brokers fee, P 8,500; taxes, permits, and other...

find the salvage value. ans: in 2 decimal place If the total depreciation after 1 year and 2 years in an equipment are 21,456 and 36,771 respectively using DBM and the equipment has an expected life...

The large profitable corporation has purchased a jet plane for use by its executives. The cost of the plane is P76M. It has a useful life of 5 years. The estimate resale of the plane is P6M....

Question 1 1 pts If the total depreciation after 1 year and 2 years in an equipment are 20,221 and 35,769 respectively using DBM and the equipment has an expected life of 12 years, find the salvage...

Please help me answer the following: Question 1 10 Points A person buys a piece of a lot for P715522 downpayment and 10 deferred semiannual payment of P9505 each, starting three years from now. What...

Which of the following must be considered when establishing a communications link? a. type of guided or unguided medium available b. noise environment c. required data rate capacity d. all must be...

QUESTION 1 In Pulse Code Modulation (PCM), what is quantization ? a. Quantization describes the sampling of an analog signal using Nyquist's sampling theorem b. Quantization describes the mapping of...

What is the value of the firm under the venture capital method? What is the value of the firm under the discounted cash flow method? (assume that after 2017 cash flows grow at a rate of 5% forever)...

You are considering a loan with an annual interest rate of 10%. The loan amount is $5,000 and is to be repaid in 5 equal installments at the end of each year. What is the amount of each installment,...

Della Simpson Inc. sells two popular brands of cookies, Dellas Delight and Bonnys Bourbon. Dellas Delight goes through the Mixing and Baking Departments and Bonnys Bourbon, a filled cookie, goes...

Problem 5 - 1 1 Calculating Perpetuity Values [ lO 1 ] The Maybe Pay Life Insurance Company is trying to sell you an investment policy that will pay you and your heirs $ 3 2 , 0 0 0 per year forever....

Sum of Nodes You are given a Linked List, LL 1 , and an array, dist. Write a method sum _ dist ( list , arr ) that takes a Linked List and an array as parameters. This method sums the node elements...