QUESTION
79. Metal Makers, Inc. purchased some welding equipment 6 years ago at a cost of $579,000. Today, the company is selling
Category: Business
Subject: Finance
Due Date: 02/03/2016
Question Asked: 2016-02-03 03:05:18
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User: LightspeedLearning
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79. Metal Makers, Inc.
purchased some welding equipment 6 years ago at a cost of $579,000. Today, the
company is selling this equipment for $110,000. The tax rate is 34 percent.
What is the aftertax cash flow from this sale? 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. $81,380
B. $95,220
C. $98,960
D. $101,540
E. $110,000
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79. Metal Makers, Inc. purchased some welding equipment 6 years ago at a cost of $579,000. Today, the company is selling
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