Machinery Rate is 12000/- and residual value is 2000/- and
life span is 10yrs.Calculate the dep in Straight line
method.
Answers were Sorted based on User's Feedback
Answer / bhasker
cost of machinery = 12000
estimated life of the machinery is 10 years
residual value = 2000
for: depriciation = cost of machinery - salvage
value/estimated life of the machinery
12000 - 2000/10 = 1000
| Is This Answer Correct ? | 45 Yes | 3 No |
Answer / lakshmi
Machinery rate-Residual value/total estimated life span
12000-2000/10
1000
| Is This Answer Correct ? | 18 Yes | 0 No |
Answer / anuradha
cost of machinery =12,000/-
residual value =2,000/-
life time of machinery is 10 yrs
depriciation=cost of machinery-solvage/life time
dep =12,000-2000/10
dep =1,000/- per year at 10%
| Is This Answer Correct ? | 11 Yes | 1 No |
Here mahine rate = 12000
residual (scrap) value = 2000
estimated life = 10 years
depreciation = (machinery rate- scrap value)/ estimated life
(12000-2000)/10=1000
here 1000 is depriciation
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / ak&
cost of machinery = 12000
estimated life of the machinery is 10 years
residual value = 2000
for: depriciation = cost of machinery - salvage
value/estimated life of the machinery
12000-2000=10000
10000*10/100=1000
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ashish pandey
machinery price-12000
residual value-2000
estimated life-10 yrs
dep=12000-2000/10
=1000
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / aleem
Machinery Rate = 12000
Residual Valu = 2000
Total Life Span = 10 years
Machinery Rate + Residual Value / Total Life Span year of
machine
12000+2000/10
1400
due to straight line method
| Is This Answer Correct ? | 4 Yes | 33 No |
Huge advertising expenses on the introduction of a new product in the market. The expenditure is called ---------
euro currency market
what is the difference between direct income and indirect income?
13 Answers College School Exams Tests, IPO, Wipro,
EXPAND______________RTGS
What will be entry if company purchase a dog for ware house?
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
Is fee income unrestricted income or restricted income?
is India apply IFRS now?
What is audit,auditing?
how to see monthly entries in tally7.2
what is crr
what is shudle six balancesheet