Question
Martinez,Ltd. Purchases a duplicating machine for $15,000. This machine qualifies as a five-year recovery asset under MACRS. The company has a tax rate of 33%.
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Martinez,Ltd. Purchases a duplicating machine for $15,000. This machine qualifies as a five-year recovery asset under MACRS. The company has a tax rate of 33%. If the company sells the machine at the end of four (4) years for $4,000, what is the cash flow from disposal? Show your calculations.
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$3,535.36
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$3,408.22
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$2,592.00
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$1,408.00
Minimum 150 words
ISBN # 9780132671033
Financial Management Core Concepts by Raymond Brooks
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Financing Large Projects Using Project Finance Techniques And Practices
Authors: Fouzul Khan, Robert Parra
1st Edition
9780131016347
