A man bought a machine for $ 884577 six years ago. It has a salvage value of $ 37642 four years from now. He sold it now
Posted: Mon Apr 25, 2022 8:12 am
A man bought a machine for $ 884577 six years ago. It has a
salvage value of $ 37642 four years from now. He sold it now for $
146905. What is the sunk cost or the value of the machine that the
man lost if the depreciation method used is a Sinking Fund method
with an interest of 21%?
salvage value of $ 37642 four years from now. He sold it now for $
146905. What is the sunk cost or the value of the machine that the
man lost if the depreciation method used is a Sinking Fund method
with an interest of 21%?