A firm purchases for 30 000 a machine which is expected to last for 10 years, after
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A firm purchases for £30 000 a machine which is expected to last for 10 years, after which it will be sold for its scrap value of £3000. Calculate the average rate of depreciation per annum, and calculate the written-down value of the machine after one, two and five years.
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Dudhat Vaidehi
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Related Book For 
Statistics For Economics Accounting And Business Studies
ISBN: 978027368308
4th Edition
Authors: Michael Barrow
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