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3 cards from this section. Quick, good the night before a test.
What is the depreciation for the first year for a machine costing 28 lakh at a 40% rate?
Use the formula D = rating × book value.
What is the book value at the end of the first year after applying the first year depreciation?
Subtract the first year's depreciation from the initial cost.
What is the depreciation for the first year if the purchase price is 28 lakh?
Remember to multiply the purchase price by the rate of depreciation.
Is it true that the book value decreases every year?
Think about how depreciation affects the value of an asset.
If a machine constantly depreciates at a rate of 40% annually, make a projection of its value over 5 years, beginning with an initial value of 28 lakh.
Calculate each year's depreciation based on the prior year's book value.
Discuss two strategies for when to replace a machine, focusing on cost-benefit analysis.
Think about costs versus productivity and when a machine becomes less financially viable.
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