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
5 (1 Ratings )
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