A Five-Year MACRS Asset That Cost $50,000 with Zero Terminal

question 66

Multiple Choice

A five-year MACRS asset that cost $50,000 with zero terminal value was sold at the end of its useful life for $20,000.The tax rate is 20%._____ is the net after-tax cash inflow resulting from the transaction.

• A)$56,000
• B)$66,000
• C)$8,000
• D)$16,000

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Definitions:

Prejudicial Behaviors

Actions influenced by preconceived opinions or judgments, which can lead to unfair treatment of individuals or groups.

Prejudices

Preconceived opinions or judgments about individuals or groups, often based on stereotypes and without factual justification.

Physical Disabilities

Conditions that substantially limit one or more of an individual's major life activities due to physical impairments.

Americans With Disabilities Act

U.S. legislation passed in 1990 aimed at prohibiting discrimination and ensuring equal opportunity for individuals with disabilities in employment, public accommodations, and other areas.