Not understanding - Question 19/ part A/ June 2015 Pilot paper/ video

JJana10y ago

Hi Sir, I don't understand the working you wrote in the whiteboard in video in Question 19, part A -2015 June. the figure: at End period: $3.6 Milion + $0.6 Milion = 4.2 Milion. Sir, I don't understand the figure $3.6 Milion, how did you arrive to this? Thank you very much for your answer.

John MoffatTutor10y ago#1

Depreciation is 10%. The non-current assets were $4M at the start of the year. So at the end of the year they are $4M - (10% x $4M) = $3.6M

JJana10y ago#2

Thank you Sir. Your answer was clear to me.

John MoffatTutor10y ago#3

I am pleased it was clear :-)

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