QUESTION
70. A project has sales of $462,000, costs of $274,000, depreciation of $28,000, interest expense of $3,400, and a tax r
Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-03 02:58:07
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70. A project has sales of $462,000, costs
of $274,000, depreciation of $28,000, interest expense of $3,400, and a tax
rate of 35 percent. What is the value of the depreciation tax shield?
A. $9,800
B. $10,300
C. $10,650
D. $10,800
E. $11,350
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70. A project has sales of $462,000, costs of $274,000, depreciation of $28,000, interest expense of $3,400, and a tax r
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