Ace Electronics is planning a 150000 investment in speakers for its business The speakers will have a 5year life and a 15000 salvage value The company has a required return of 6 and a 30 tax rate Assuming Ace used straight line depreciation what is the present value of the tax savings from the depreciation on the speakers

Answer rating: 100% (QA)

Year Depreciation Tax Saving on Depreciation PFV 6 Present Value of ... View the full answer