Question
The company invests 150,000 in fixed assets. If these assets are depreciated in a straight line over 5 years, what is the depreciation tax shield
The company invests 150,000 in fixed assets. If these assets are depreciated in a straight line over 5 years, what is the depreciation tax shield in year 5? Assume company has a 35% tax rate.
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
