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4 cards from this section. Quick, good the night before a test.
Calculate the depreciation for a machine worth 50 lakh with a 30% rate.
Use the formula: Depreciation = Purchase Price × Depreciation Rate.
If a machine's book value is 20 lakh after 2 years with depreciation of 10 lakh, what was its initial cost?
Add book value and accumulated depreciation to find initial cost.
What is the formula for depreciation?
Think about the components that reduce asset value.
True or False: Annual costs should only include depreciation.
Reflect on all costs associated with machinery use.
A machine is purchased at 50 lakh with a 35% depreciation rate. Calculate its book value after 3 years if it has constant operating costs of 15 lakh per year.
Calculate depreciation each year based on the new book value.
If a machine costs 30 lakh and has an annual operating cost of 10 lakh but depreciates down to 5 lakh over 5 years, what is the average annual cumulative cost?
Think about all costs when determining overall cost.
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