An asset cost $200,000. It has a salvage value of $40,000. It has a 10 year life. What would accumulated depreciation be at the end of three years assuming straight line depreciation? Group of answer choices $60,000 $40,000 $48,000 $160,000
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- An asset cost $200,000. It has a salvage value of $40,000. It has a 10 year life. What is its depreciation expense if the company uses straight-line depreciation? Group of answer choices $200,000 $160,000 $20,000 $16,000An asset cost $200,000. It has a salvage value of $40,000. It has a 10 year life. What would be its book value at the end of year one if it uses straight-line depreciation? Group of answer choices $144,000 $160,000 $40,000 $184,000You are given opportunity to purchase product for $42, 000. The product will have annual operating expenses of $4,000, and a salvage value of $20,000 at the end of its useful life of 6 years. Assuming a discount rate of 9.0%, what is the minimum acceptable revenue to justify taking this project? A 1.01% B $333 C $2704 D $767 E $10704
- A machine has an initial cost of P50,000 and a salvage value of P10,000 after 10 years. What is the book value after 5 years of using straight line depreciation? (15 points) Formulas: a) Depreciation Expense = (Cost – Salvage value) / Useful life b) Book Value at the end of 5th year = Cost – depreciation cost for 5 yearsThe cost of a Range Rover is 50,000 RO with an estimated life of 8 years and the salvage value is 10,000 RO. What is the book value at the end of second year using straight line depreciation? a. 30,000 RO b. 40,000 RO c. 45,000 RO d. 35,000 ROYou are given the following estimated information about a proposed project: Investment cost $ 66,000 Annual cost $/Year 10,000 Salvage value 10,000 Economic life 6 years M.A.R.R 10% Answer questions 4 through 6 based on the above information 5- The future worth cost is closest to : Select one: a. $ 170,080 O b. $ 184,082 O c.$ 195,500 d. $ 165,000
- Suppose you purchase a tangible asset with a book value of $700,000. The salvage value is $ 100,000. The useful life of the asset is 30 years. How much accumulated depreciation will there be (assume that you're using the "straight line" amortization method) after 10 years?A crane costs P700,000 and whose salvage value is P50,000 after 10 years. A. Find the rate (%) of depreciation using Matheson’s FormulaXYZ bought an asset that cost $200,000 at the beginning of the year. It has a salvage value of $30,000. The useful life of the asset is 10 years. If the company uses straight-line depreciation, what would depreciation be for the first year of the asset's life? Group of answer choices $30,000 $200,000 $17,000 $20,000
- What is the depreciation each year for a trailer that cost $10,000 new, has a life of 5 years, and a salvage value of $2,00? Use straight line depreciation. What is ?the book value after 2 yearsEquipment will be purchased at a cost of P250,000. It will have no salvage value. The cash flows are expected to be: P37,000, P48,000, P65,000, P71,000, P73,000, and P53,000 over the life of the equipment. What is the payback period? Group of answer choices 3.43 years 6.00 years 5.25 years 4.40 years1. A certain building has a salvage value of P 1 million after 50 years. Annual depreciation is Php 2 M. Using the Straight Line Method, how many years after should you sell the building for Php 30 M?