Verify the 5- and 7-year property class percentage by applying the 200% DB approach to a piece
Question:
Verify the 5- and 7-year property class percentage by applying the 200% DB approach to a piece of equipment with a nominal value of $1,000. For the 7-year property class, in what year is the switch from 200% DB to straight line made based on the percentages given in the table?
Transcribed Image Text:
Annual Recovery (Percent o Recovery year 3-Year Class (200% d.b.) (200% d.b.) 5-Year Class 7-Year Class (200% d.b.) 33.00 20.00 14.28 2 45.00 32.00 24.49 3 15.00 19.20 17.49 4. 7.00 11.52 12.49 5 11.52 8.93 6789 5.76 8.93 8.93 4.46
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ANSWER From a MACRS applicable property class table the years 35710 cl...View the full answer
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Related Book For
Construction Management
ISBN: 9781119256809
5th Edition
Authors: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
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