Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,000.00
P 2,200.00
P 2,100.00
P 2,300.00

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
In a cash flow series:

Either an increase or decrease in the amount of a cash flow is called the gradient
The gradient in the cash flow may be positive or negative
All of these
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period

ANSWER DOWNLOAD EXAMIANS APP