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The formula to calculate the book value of the new machine (at the end of year 3) should be... =SLN(B4,B5,B8) =B6 =B6-B5 =B4-B8*SLN(B4,B5,B7) =B5 A
The formula to calculate the book value of the new machine (at the end of year 3) should be... =SLN(B4,B5,B8) =B6 =B6-B5 =B4-B8*SLN(B4,B5,B7) =B5
A B 1 A11Y 2 Back to Index 3 Independent Variables 4 Purchase cost 5 Salvage value 6 Resale value 7 Useful life (in years) 8 Age at resale (in years) 9 Depreciation 10 Tax rate 11 $250,000 $27,500 $41,667 4 3 $55,625 31%Step by Step Solution
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Authors: Mike Hartley ,Hannah Rosenstein
1st Edition
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