Question
Margarites Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $140,000. The fixed assets will be depreciated using
Margarites Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $140,000. The fixed assets will be depreciated using 3-year MACRS to a zero book value through the life of the project. Calculate the remaining book value at the end of the projects life (end of year 3).
| a. | $9,800 | |
| b. | $11,500 | |
| c. | $13,300 | |
| d. | $12,600 |
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Promoting Microfinance Challenges And Innovations In Developing Countries And Countries In Transition
Authors: R. Manos , J. Gueyie, J. Yaron
1st Edition
1137034904, 1137034912, 9781137034908, 9781137034915
