Walden, Inc. purchased some fixed assets four years ago at a cost of $302,000. It no longer
Fantastic news! We've Found the answer you've been seeking!
Question:
Walden, Inc. purchased some fixed assets four years ago at a cost of $302,000. It no longer needs these assets, so it is going to sell them today at a price of $67,000. The assets are classified as 5-year property for MACRS. The MACRS table values .2000, .3200, .1920, .1152, .1152, and .0576 for Years 1 to 6, respectively. What is the current book value of these assets?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date: