Question
A machine is purchased for $100,000 and $10,000 is spent
on its installation. Residual value of the machine is $9,000 and its useful life is 5 years. Calculate the rate of depreciation.Solution
Depreciation each year = (Asset cost - salvage value)/useful life = (100,000 +10,000 - 9000)/5Â = 20,200 per year Depreciation rate = depreciation/cost =20,200/110,000 =18.36%
Which of the following spice is popularly known as queen of spicesÂ
Which is an example of modified stem?
Incubation period of chickens is ___
Soils most suitable for agriculture are those whose PH value is between .......................?
Farming systems that are based on the investment of capital in land and technology and operated with the intent of maximizing profits through large-scal...
A marker where the produce is either finally disposed of to the consumers, processors or assembled for export isÂ
The colour of label for moderately toxic pesticide is
One of the following category of seeds is not certified by certification agency:
Which equipment for seeding and fertilizer application was developed by CCSHAU Hisar?
Dendrobium orchid belongs to the familyÂ
Relevant for Exams:
