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A $1,000 asset with a 5-year MACRS life and a

Question : A $1,000 asset with a 5-year MACRS life and a : 1269

A $1,000 asset with a 5-year MACRS life and a 30% tax rate would generate cash flow from depreciation in year 2 of:

$224.

$60.

$320.

$96.

You sell an asset for more than book value. The cash flow will be:

Market value

Book value

Less than market value

Greater than market value

A. $224.

B. $60.

C. $320.

D. $96.

You sell an asset for more than book value. The cash flow will be:

A. Market value

B. Book value

C. Less than market value

D. Greater than market value

 

Solution
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Finance 1 Year Ago 155 Views
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