Question
A 3-year project requires the purchase of a machine for $6,000 in Year 0. The depreciation rate in Year 3 is 15% and the tax
A 3-year project requires the purchase of a machine for $6,000 in Year 0. The depreciation rate in Year 3 is 15% and the tax rate is 35%. What is the depreciation tax shield in Year 3?
| $315 | ||
| $900 | ||
| $2,100 | ||
| $525 |
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
