A firm just bought a piece of machinery for $1,500,000 that is projected to last for...
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A firm just bought a piece of machinery for $1,500,000 that is projected to last for 10 years. This asset is subject to a CCA rate of 30% and the half-year rule. What is the CCA on this asset in Year 3 of its life? Select one: O a. $267,750 O b. $450,000 O c. $220,500 O d. $187,425 O e. $624,750 A firm just bought a piece of machinery for $1,500,000 that is projected to last for 10 years. This asset is subject to a CCA rate of 30% and the half-year rule. What is the CCA on this asset in Year 3 of its life? Select one: O a. $267,750 O b. $450,000 O c. $220,500 O d. $187,425 O e. $624,750
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Answer 267750 st f Mhinery is 1500000 nd this munt must r... View the full answer
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date:
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