Question
1. Consider an assets that costs $ 13494 and it is classified as three-year property under MACRS. Calculate the annual depreciation allowance on year 1.
1. Consider an assets that costs $ 13494 and it is classified as three-year property under MACRS.
Calculate the annual depreciation allowance on year 1.
2.
Continue with the previous question
Consider an assets that costs $ 13494 and it is classified as three-year property under MACRS. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $ 2738. If the relevant tax rate is 35 %, what is the aftertax cash flow from the sale of this asset?
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The Palgrave Handbook Of Government Budget Forecasting
Authors: Daniel Williams, Thad Calabrese
1st Edition
3030181944, 978-3030181949
