Question
You purchase an asset for$1,000,000. Three years later you sell the asset for $1,150,000. The UCC for the class was $2,000,000 and there will be
You purchase an asset for$1,000,000. Three years later you sell the asset for $1,150,000. The UCC for the class was $2,000,000 and there will be assets in the class after the sale. Find the value of the tax consequences if the cost of capital is 11%, the cca rate is 25% and the corporate tax rate is 35%
You purchase an asset for$1,000,000. Three years later you sell the asset for $300,000. The UCC for the class was $200,000 and this is the last asset in the class. Find the value of the tax consequences if the cost of capital is 15%, the cca rate is 25% and the corporate tax rate is 25%
You purchase an asset for$1,000,000. Three years later you sell the asset for $300,000. The UCC for the class was $500,000 and this is the last asset in the class. Find the value of the tax consequences if the cost of capital is 14%, the cca rate is 15% and the corporate tax rate is 35%. Show the tax consequences as negative if the net amount is a tax refund
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