Prompt inc's new network system cost $250,000. the system is likely to be sold for 15% of its purchase price when it is disposed in 4 year. cca on the network system will be calculated at 30% rate. assume a 40% tax rate. what is the cca tax shield in year 2?

Answer rating: 100% (QA)

To calculate the CCA tax shield in year 2 we need to first determine the capital cost allowance CCA ... View the full answer