WebMar 13, 2024 · If assets are classified based on their convertibility into cash, assets are classified as either current assets or fixed assets. An alternative expression of this … WebEconomic Service Life. Capital Costs and Operating costs-cost of owning and operating an asset. The economic service life is found simply by examining the sum of these two costs as a function of holding period. Capital (Ownership) Costs-Capital costs have two components: the initial investment and the salvage value at the time of disposal.

Economic Life - Overview, How To Determine, Example

WebThe economic service life of an asset is the number of years at which the EUAC is _____. a) minimum b) maximum c) equal to 1 d) equal to 0. arrow_forward. An investment of P 250,000 can be made in a project that will produce a uniform annual revenue of P 192,800 for 5 years and then have a salvage value of 10% of the first cost. Operation and ... WebFrom the data shown below, the economic service life of the asset is: (a) 2 years (b) 3 years (c) 4 years (d) 5 years ... and a salvage value of $400,000 after its 4-year life. System L will have a first cost of$2,100,000, an operating cost of $50,000 the first year with an expected increase of$3000 per year thereafter, and no salvage value ... box hill tafe open day 2022

Solved The economic service life (ESL) of an asset is - Chegg

WebDetermining the service life of an asset is an essential first step in calculating the amount of depreciation attributable to a specific period. Several factors must be considered: … Web52 Likes, 0 Comments - Berkshire Magazine (@berkshiremagazine) on Instagram: "Stewards of our outdoor spaces are an integral part of our Berkshire landscape ... WebThe economic Service life of an asset is: a.The number of years “n” at which the AW of cost of the asset is at a minimum. b.The time when the operating cost is at a minimum. c. … box hill tafe rto