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4 (15%) D Co. Is planning to buy a new machine costing P2,000,000 with a useful life of five years. Its residual value is expected

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4" (15%) D Co. Is planning to buy a new machine costing P2,000,000 with a useful life of five years. Its residual value is expected to be 20% of its carrying value at the end of each year. Other data were made available: Expected annual sales revenue P4,000,000; Annual out of pocket costs

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