Question
The Carry All trucking Company uses three delivery trucks that cost PHP 100,000; P120,000; P25,000; and PHP 35,000. All trucks have an expected service life
The Carry All trucking Company uses three delivery trucks that cost PHP 100,000; P120,000; P25,000; and PHP 35,000. All trucks have an expected service life of 10 years. Determine the group depreciation rate and annual depreciation.
Answers: 10%, PHP 37,000
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
