Top Posters
Since Sunday
6
o
5
5
b
4
s
3
j
3
b
3
m
3
K
3
g
3
L
3
w
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
stranahan stranahan
wrote...
Go to Answer
Posts: 3324
Rep: 10 0
7 years ago
A firm is considering purchasing an asset that will cost $1 million. Other depreciable costs include $100,000 in installation costs. If the asset is classified in the 3-year class, what is the annual depreciation for each year for this asset using the fixed depreciation percentages given by MACRS? (The percentages are 33.33%, 44.45%, 14.81%, and 7.41%, respectively.)
A) $366,630, $488,950, $81,510, and $81,510 for years 1, 2, 3, and 4, respectively
B) $366,667, $366,667, $366,667 and $0 for years 1, 2, 3, and 4, respectively
C) $275,000, $275,000, $275,000, and $275,000 for years 1, 2, 3, and 4, respectively
D) $366,630, $488,950, $162,910, and $81,510 for years 1, 2, 3, and 4, respectively
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 110 times
2 Replies
Replies
Answer verified by a subject expert
crackerspoppycrackerspoppy
wrote...
#1
Posts: 344
Rep: 68 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

stranahan Author
wrote...
#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  929 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 721
  
 349
  
 355
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: What's your favorite coffee beverage?