Posted by **pinki** on Sunday, December 5, 2010 at 1:15pm.

Calculate the rate of depreciation for the asset with the help of given data.?

Cost of the asset Rs1,20,000

Residual value Rs40,000

Expected life 5 years

## Answer this Question

## Related Questions

- managerial accounting - The expected average rate of return for a proposed ...
- Accounting - How do i calculate this problem. An asset was purchased for $73,000...
- Managerial Accounting - Kim Johnson purchased an asset for $80,000. Annual ...
- Intermediate Accounting - Python Company leased equipment from Hope Leasing on ...
- Accounting - Identify each statement as true or false. If false, indicate how to...
- Business Maths - Please show me how to calculate this problem: During 2007, ...
- accounting-depreciation - state-of-the-art MRI machine to be purchased on 01-01-...
- Math - An asset is purchased for$50,000.It has an estimated useful life of 12 ...
- accounting - How do i calculate this problem. An asset was purchased for $150,...
- Math - An asset is purchased for $50,000. It has an estimated useful life of ...

More Related Questions