I have a question regarding example 11. Is the P in the formula the period of ownership of seller or is it the remaining life of the asset? In the BPP study text book example 2.3 chapter 14 the depreciated cost is calculated by using the remaing life of the asset divided by the original life (total).
avinashb40 says
Dear sir,
I have a question regarding example 11. Is the P in the formula the period of ownership of seller or is it the remaining life of the asset? In the BPP study text book example 2.3 chapter 14 the depreciated cost is calculated by using the remaing life of the asset divided by the original life (total).
Thanks in advance!