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Entrepreneurship Development and Small Business Enterprises by Pearson
book

Entrepreneurship Development and Small Business Enterprises by Pearson

by Poomima M Charantimath
May 2024
Intermediate to advanced content levelIntermediate to advanced
540 pages
27h 7m
English
Pearson India
Content preview from Entrepreneurship Development and Small Business Enterprises by Pearson
Entreprene
urship Development and Small
Bu
sin
ell
Enlerprises
lIIu
s
tr
a
li
on U.S
Cost price
of
machine = Rs 10,000
Es
timated
li
fe
= 10 years
Est
im
ated scr
ap
value = Rs 1,000
Rs
1
0.000
-
Rs
1
.000
Annual depreciation charge =
10
= Rs 900
Ex
pressed as a perce
nt
age of cost price it becomes
=
900
x 1
00
=9%
1
0.000
Thai means a machine costing Rs 10,000 and h
av
in
g an estimated life of
te
n years
a
nd
scrap va
lu
e of Rs 1.000
at
the e
nd
of 10 years is wear
in
g away at
th
e rate
of
nine
pe
r ce
nt
of
its cost price every year. Genera
ll
y,
a
fl
at rate of 1
0-
15
pe
r ce
nt
is taken as
th
e sta
nd
ard
va
lu
e
of
depreciation. The d
is
tinc
ti
on
between
fi
xe
d cap
it
al a
nd
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Publisher Resources

ISBN: 9781299601086