A firm is considering the purchase of a new machine for $325,000. The firm is unsure if it should use the 3-Year MACRS schedule or straight-line depreciation over three years
What is the difference in the book value after three years if the firm uses MACRS instead of straight-line depreciation?
A) $0
B) $24,083
C) $48,166
D) $300,918
Answer: A
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What should you remember when wanting your prospect with a thinker personality to make a decision on your solution?
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The acquisition cost of manufactured inventories does not include which category of costs?
a. Administrative b. Manufacturing Overhead c. Raw Materials d. Direct Materials e. Direct Labor
________ is concerned with the restarting of the day-to-day revenue generating operations of the firm
A) Business continuity planning B) IT disaster recovery C) Both A and B D) Neither A nor B