Your firm needs a computerized machine tool lathe which costs $53,000 and requires $12,300 in maintenance for each year of its 3-year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category. Assume a tax rate of 34 percent and a discount rate of 12 percent. Calculate the depreciation tax shield for this project in year 3.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Your firm needs a computerized machine tool lathe which costs $53,000 and requires $12,300 in maintenance for each year of its 3-year life. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Using your computer for non-work activities while you are being paid to work is known as
Answers (1)
When entrepreneurs love what they do, this trait is evident. passion dedication self-assurance risk-taking
Answers (1)
If a party has an interest in real estate that includes the right of possession, the party owns: A. an encumbrance. B. a fractional part of an estate. C. an enjoinment. D. an estate in land.
Answers (1)
If a company created a product marketing campaign which exaggerated the actual benefits and features of a product and misrepresented the quality of the item, what could be the market's reaction?
Answers (1)
Suppose, you need to advise someone about getting a certification. Which of the following will be appropriate advice? a. You need a college degree before you can take a certification examb. Certifications are vendor-specificc.
Answers (1)
New Questions in Business
Successfully starting and running a business requires drive. True ot False
Answers (1)
Clint's salary increased from $22 comma 000 to $35 comma 200 over a three-year period. Helen's salary increased from $28 comma 000 to $44 comma 800 over the same period. Whose salary increased more in absolute terms? In relative terms? Explain.
Answers (1)
Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s. c., inc. james hughes worked for medtronic as a sales manager.
Answers (1)
Explain the relationship between consumer expectations and economic performance
Answers (1)
ou have an outstanding student loan with required payments of $ 550 per month for the next four years. The interest rate on the loan is 9 % APR (compounded monthly).
Answers (1)