Question

A machine is depreciated at the rate of 20% on reducing balance. The original cost of the
machine was 1,00,000 and its ultimate scrap value was 730,000. The effective life of the
machine is
(a) 4.5 years (appx.)
(b) 5.4 years (appx.)
(c) 5 years (appx.)
(d) none of these​

Answer 1

Answer:

A machine is depreciated will be the answer none of these