Question
A company has just completed the third year of a five-year MACRS recovery period for a piece of equipment it orginally purchased for $303,000. A.
A company has just completed the third year of a five-year MACRS recovery period for a piece of equipment it orginally purchased for $303,000.
A. What is the book value of the equipment?
B. If jones sells the equipment today for $175,000 and its tax rate is 35%, what is the after tax cash flow from selling it?
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
