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ashly138 ashly138
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6 years ago
Wilf Company acquired an additional Class 10 (30% declining balance) asset for $60,000. The UCC at the beginning of the year was $100,000. The maximum CCA in the current year is
A) $48,000.
B) $24,000.
C) $45,000.
D) $37,500.
E) $39,000.
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Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


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#1
6 years ago
E
Explanation:  E) (100,000 + (.5 × 60,000)) × 30% = $39,000
Without mathematics, there's nothing you can do. Everything around you is mathematics. Everything around you is numbers.
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