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

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Engineering Economics
Which is true about corporation?

Its life is dependent on the lives of the incorporators.
The minimum number of incorporators to start a corporation is three.
It is worse type of business organization.
The stock holders of the corporation are only liable to the extent of their investments.

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