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Category > Accounting Posted 08 May 2017 My Price 4.00

Fast Cars is considering a project that requires $138,000

Fast Cars is considering a project that requires $138,000 of fixed assets that are classified as 5-year property for MACRS. What is the book value of these assets at the end of year 3? The MACRS allowance percentages are as follows, commencing with year one: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent. a. $34,210 b. $36,667 c. $39,744 d. $40,450 e. $41,504

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Alpha Geek
(8)
Status NEW Posted 08 May 2017 09:05 AM My Price 4.00

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file 1494237499-Answer.docx preview (107 words )
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