Calculate annual rate of depriciation

Assignment Help Econometrics

Reference no: EM13180461

A cupola for a foundry was purchased for $3000.$500 more was spent on its erection and commisioning.The estimated residual value after 10 yeras was $700.

A)calculate annual rate of depriciation

B)Determine the amount of depriciation at the end of six yeras after the purchase of the cupola.

Reference no: EM13180461

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Calculate annual rate of depriciation : A cupola for a foundry was purchased for $3000.$500 more was spent on its erection and commisioning.The estimated residual value after 10 yeras was $700. A)calculate annual rate of depriciation. B)Determine the amount of depriciation at the end of ..

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