QUESTION
78. Hunter's Paradise purchased $568,000 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is s
Category: Business
Subject: Finance
Due Date: 02/03/2016
Question Asked: 2016-02-03 03:04:48
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78. Hunter's Paradise purchased $568,000 of
equipment 4 years ago. The equipment is 7-year MACRS property. The firm is
selling this equipment today for $199,500. What is the aftertax cash flow from
this sale if the tax rate is 35 percent? The MACRS allowance percentages are as
follows, commencing with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92,
8.93, and 4.46 percent.
A. $186,630
B. $191,780
C. $198,410
D. $209,740
E. $216,610
AVAILABLE ANSWERS
78. Hunter's Paradise purchased $568,000 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is s
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...500. What is the aftertax cash flow from this sale if the tax rate is 35 percent? The MAC...
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