The cost of the machine is $14,497. The CCA rate is 24%. After 8 years, the machine is sold for $677. If it is the only asset in the asset class and the tax rate is 31%, what is the TRTL?

The cost of the machine is $13,692. The CCA rate is 28%. After 8 years, the machine is sold for $1,310 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 10% and the tax rate is 38%, what is the present value of the CCA tax shield of this machine?

Two Questions, For numerical answers:

(1) Keep at least 4 decimal places for all calculations.

(2) Round your final answers to4decimal places. For example, if your answer is -$1,234.56789, please enter -1234.5679.

(3) Do not enter your answers in percentage. All answers are in decimal. For example, if your answer is 12.34567%, please enter 0.1235.

Answer rating: 100% (QA)

here are the calculations for the two questions Question 1 Cost of the machine 14497 CCA rate 24 Tax ... View the full answer