Question
A piece of equipment that cost $4,000 had an estimated life of 9 years with $600 of scrap value. The equipment is tax deductible 10%
A piece of equipment that cost $4,000 had an estimated life of 9 years with $600 of scrap value. The equipment is tax deductible 10% per year. If the tax rate is 30%, what is the divestment flow (CAPEX) in year 9? Answer Choice Group $540 $120 $420 $60
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Business Management
Authors: Lokyie Lomine, Martin Mwenda Muchena, Robert Pierce
1st Edition
1382016832, 978-1382016834
