Construction Planning and Management
A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is

Rs. 4,75,000
Rs. 6,50,000
Rs. 5,75,000
Rs. 8,50,000

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Construction Planning and Management
Whenever an activity has zero total float, then

Free float of the activity must be zero but independent float need not be zero
Independent float must be zero but free float need not be zero
Free float and independent float both need not be zero
Free float and independent float both must be zero

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Construction Planning and Management
Sinking fund is

Raised to meet maintenance costs
The total sum to be paid to the municipal authorities by the tenants
A part of the money kept in reserve for providing additional structures and structural modifications
The fund for rebuilding a structure when its economic life is over

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