AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 54 Topic 6 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 54 Topic 6 Discussion

GLO_CWM_LVL_1 Exam Topic 6 Question 54 Discussion:
Question #: 54
Topic #: 6

You buy a new computer for your business costing approximately Rs. 5,000. You expect a salvage value of Rs. 1000 selling parts when you dispose of it. Your business has upgraded its hardware every four years, so you think this is a more realistic estimate of useful life, since you are apt to dispose of the computer at that time. Calculate the amount of depreciation using straight line method?


A.

1000


B.

2000


C.

1500


D.

3500


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