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Mr. Badoy acquires a new company asset for fabrication purposes. Acquisition costs 1,500,000 pesos plus 15% transportation cost, 12% taxes and duties, and 10% commissioning
Mr. Badoy acquires a new company asset for fabrication purposes. Acquisition costs 1,500,000 pesos plus 15% transportation cost, 12% taxes and duties, and 10% commissioning and installation cost. If the working life of the machine is 15 yrs and the salvage value is 20% of the total first cost and money grows for 12% interest compounded annually compute the Book value at years 8,10 and 12 using SLM, SFM, DBM, DDBM, and SYD..
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