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Dear students,

You are given a graded activity.

Questions for Graded Discussion Board (Lectures 19 - 20)  

 

 

Question 1:

An asset has a cost of Rs. 50000. After 11 years, its salvage value is Rs. 9000.  What is the sum-of-years' digits depreciation of the asset for one year?

Question 2:


Let your garments business net sales were 55, 00,000 and total variable costs were 2, 05,000 in last year. You spent 50,000 on machinery, depreciation cost of 14,000, rent 25,000, wages 40,000 and other costs related to making the garments as 30,500. What was your net income for last year?

Opening Date of Graded Discussion Board:

Friday, June 22, 2016 at 12:01 a.m.

Closing Date of Graded Discussion Board:

Thursday, June 27, 2016 at 11:59 p.m.

 

Instructions:
 

(1) Post your comments on Graded MDB and not on Regular Lecture MDB.

(2) Zero marks will be given to copied or irrelevant comments.

(3) The comments should be clear and to the point.

(4) Do not participate in the discussion more than once.

(5) No extra time will be given for discussion.

(6) You cannot participate in the discussion after due date or through e-mail.

(7) Properly prepare yourself about the topic using books or any source available to you.


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