Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 22, 2024

A machine costing Php700,000 has a life of 10 years. The total depreciation at the end of 4 years is Php254,000 computed using straight line

A machine costing Php700,000 has a life of 10 years. The total depreciation at the end of 4 years is Php254,000 computed using straight line method. What is the salvage value of the machine? a) 55,000 b) 61,500 c) 65,000 d) 71,240 e) None

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Critical Approach

Authors: John Friedlan

1st Edition

0130193720, 978-0130193728

More Books

Students also viewed these Accounting questions

Question

★★★★★

In the 2013 consolidated statement of cash flows for Iverson Company: Net cash flows from operating activities were a. $12,000. b. $20,000. c. $24,000. d. $25,000.

Answered: 1 week ago

Question

★★★★★

In Exercises find the derivative of the function. y = sech(5x)

Answered: 1 week ago

Question

★★★★★

Provide several examples of ways in which investors are their own worst enemies.

Answered: 1 week ago

Question

★★★★★

Refer to the bond details in Problem 10-2A, Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2016, that pay interest semiannually on June 30 and December 31. The bonds are issued at a...

Answered: 1 week ago

Question

★★★★★

Consider the following file structure of a database. ( 1 ) Discuss the data redundancy and data anomalies exhibited by the file structure. 5 pts ( 2 ) How many tables would you use to eliminate the...

Answered: 1 week ago

Question

★★★★★

Mrs . Skylar LeeLee, a management consultant, is married with two children. Her son, Braxton is 2 7 years old, and her daughter, Melody, is 1 3 . Mrs . Lee has not previously gifted nor sold property...

Answered: 1 week ago

Question

★★★★★

Predict the boiling heat-transfer coefficient for water under pressure boiling at 250 F for a horizontal surface of 78-in.-thick stainless steel having a k of 9.4 btu/h . ft . F. The heating medium...

Answered: 1 week ago

Question

★★★★★

2. Given the following pseudocode, which values will the variables a, b, c and d have after the execution of the algorithm?. Write the results separated by a blank space. Example: if the result at...

Answered: 1 week ago

Question

★★★★★

Wonderer Inc. incurred the following expenditures in 2020: Purchase of land with a dilapidated building at the beginning of the year (no significant value) P5,600,000 Land survey 208,000 Fees for...

Answered: 1 week ago

Question

★★★★★

Enzyme e (at a starting concentration of 0.2 mol l) catalyzes the transformation of reactant s (the substrate) to product r according to reaction 1: s+e-----> r+e (reaction 1) it is known that there...

Answered: 1 week ago

Question

★★★★★

Working off one of the cases in your book, if a person takes a sleep medication prescribed by his doctor in accordance with the FDA and the person unknowingly drives while under the influence of the...

Answered: 1 week ago

Question

★★★★★

How were the HR functions affected by Hurricane Rita?

Answered: 1 week ago

Question

★★★★★

What information might lead you to choose working for the company?

Answered: 1 week ago

Question

★★★★★

Which environment factor(s) did Hurricane Rita affect? Discuss.

Answered: 1 week ago

Previous Question Next Question