ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?

Related Mcqs:

Perfect monopoly exists only if_______________?

A. the single vendor can prevent the entry of all other vendors in the market B. the single vendor gets the absolute franchise of the product C. the single vendor is the only one who has the permit to sell D. the single vendor is the only one who has the knowledge of the product...

What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects ?

A. Economic Analysis B. Engineering cost analysis C. Engineering economy D. Design cost analysis...

A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually ?

A. P 142,999.08 B. P 143,104.89 C. P 142,189.67 D. P 143,999.08...

What is the factor name of the formula (1+i)^-n ?

A. Uniform gradient future worth B. Capital recovery C. Single payment present worth D. Single payment compound amount...

The financial health of the company is measured in terms of______________?

A. Liquidity B. Solvency C. Relative risk D. All of the above...