Question
1) Based on estimates the data for 2 types of bridges with different lives are as follows. If the minimum attractive rate of return
1) Based on estimates the data for 2 types of bridges with different lives are as follows. If the minimum attractive rate of return is 9%, determine which project is more desirable using Annual Cost Method & Rate of Return Method. Timber Bridge Steel Bridge First Cost P500k P1.4M Salvage Value 20k 100k Life in yrs 12 36 Annual 60k 25k maintenance
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
