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drdoombot drdoombot
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3 weeks ago
Canadian Donuts is looking at a new investment opportunity, which will require the purchase of a capital asset of $1 million and additional raw materials inventory of $50,000. The project is expected to generate operating revenue of $750,000 per year, and the associated operating expenses are estimated at $350,000 per year. The project has a five-year economic life. This capital asset belongs to asset class 8, which has a CCA rate of 20%. What is the CCA expense for year 3, assuming accelerated investment incentive is applicable for CCA in year 1?

▸ $144,000

▸ $180,000

▸ $128,000

▸ $112,000
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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dmahrdmahr
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3 weeks ago
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drdoombot Author
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3 weeks ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Correct Slight Smile TY
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2 hours ago
Good timing, thanks!
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