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1. The cost of a motorbike was RM120,000 and its scrap value of RM50,000 at the end of 10 years. Using the reducing balance method,
1. The cost of a motorbike was RM120,000 and its scrap value of RM50,000 at the end of 10 years. Using the reducing balance method, find: (a) Annual depreciation rate (b) Accumulate depreciation at the end of the fifth year (c) How long does it take for the motorbike to have a book value of RM65,000? (d) Is it worth selling the motorbike at a price of RM100,000 at the end of the third yeWhy? 5/7 Step by Step Solution
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
8th Edition
0077261453, 978-0077261450
