Question
Marsh Corporation purchased some fixed assets four years ago at a cost of $782,000. It no longer needs these assets, so it is going to
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Marsh Corporation purchased some fixed assets four years ago at a cost of $782,000. It no longer needs these assets, so it is going to sell them today at a price of $159,000. The assets are classified as 5-year property for MACRS. The MACRS table values .2000, .3200, .1920, .1152, .1152, and .0576 for Years 1 to 6, respectively. What is the current book value of these assets?
$143,457.40
$135,129.60
$152,876.20
$129,500.60
$161,472.30
Marsh Corporation purchased some fixed assets four years ago at a cost of $782,000. It no longer needs these assets, so it is going to sell them today at a price of $159,000. The assets are classified as 5-year property for MACRS. The MACRS table values .2000, .3200, .1920, .1152, .1152, and .0576 for Years 1 to 6, respectively. What is the current book value of these assets?
| $143,457.40 | ||
| $135,129.60 | ||
| $152,876.20 | ||
| $129,500.60 | ||
| $161,472.30 |
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The Emerald Handbook On Cryptoassets Investment Opportunities And Challenges
Authors: H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith
1st Edition
1804553212, 978-1804553213
