An equipment has initial cost of $ 80,887 and is expected to have a $ 13,603...
An equipment has initial cost of $ 80,887 and is expected to have a $ 13,603 SV when replaced after 38,571 hours of use. Find its BV after 17,426 hours of operation using SL method.
Homework Answers
Answer:
= Depreciation of an equipment
= ( Initial value - Salvage value ) * Used hours / Total Hours
= ( 80887 - 13603 ) * 17426 / 38571
= 67,284 * 0.45
= $30,398
Book Value = Initial Value - Total depreciation = 80887 - 30398 = $50,489
Thus book value is $ 50,489
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***********I NEED JUST PART E************ Thanks in advance!!! An oil refinery has decided to purchase some...
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