Question
For a double declining depreciation schedule for a truck that was purchased for Php5M with a lifetime of 4 years and has a residual value
For a double declining depreciation schedule for a truck that was purchased for Php5M with a lifetime of 4 years and has a residual value of Php500,000, how much is the Net Book Value on the 3rd year?
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
