Question
The initial cost of a plant is Rs 300 million with a salvage value of 40 million at the end of 20 years. Calculate its
The initial cost of a plant is Rs 300 million with a salvage value of 40 million at the end of 20 years.
Calculate its book value after 5 years according to Accelerated Cost Recovery Method? Depreciation
rate is 15% in first year and decreases 1% annually.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
