A company report stated that a $140,000 asset purchased 3 years ago has a current MACRS book

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A company report stated that a $140,000 asset purchased 3 years ago has a current MACRS book value that is 57.6% of the asset’s basis.

(a) Determine the recovery period used.

(b) Determine the depreciation next year using the VDB spreadsheet function.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 26, 2018 08:55 AM

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A company report stated that a $140,000 asset purchased 3 years ago has a current MACRS book

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a Total depreciation for 3 years 100 576 424 Look in MACRS rate table f...View the full answer

Engineering Economy

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