Question
Southwest Airlines just bought a new jet for $28,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates (half-year convention): Year
Southwest Airlines just bought a new jet for $28,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates (half-year convention):
Year 1 2 3 4 5 6 7 8 Depr. rate 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% Part 1 What was the depreciation in year 5?
Part 2 What is the book value at the end of year 5?
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
