Determine the cost price of a farm equipment that has a salvage value of N500,000.00,...
AGRICULTURE
WAEC 2012
Determine the cost price of a farm equipment that has a salvage value of N500,000.00, a useful life of 10 years and an annual depreciation of N400,000.00.
- A. N500,000.00
- B. N900,000.00
- C. N4,500,000.00
- D. N5,500,000.00
Correct Answer: C. N4,500,000.00
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