Examlex

Solved

Your Firm Needs a Machine Which Costs $125,000, and Requires

question 70

Multiple Choice

Your firm needs a machine which costs $125,000, and requires $5,000 in maintenance for each year of its three-year life. After three years, this machine will be replaced. The machine falls into the MACRS three-year class life category. Assume a tax rate of 35 percent and a discount rate of 10 percent. If this machine can be sold for $15,000 at the end of year 3, what is the after-tax salvage value?


Definitions:

Résumé Format

The organization and layout of a résumé, which may vary depending on the job seeker's experience, skills, and the job being applied for.

Top

The highest or uppermost part, point, or position in relation to other objects or levels.

Résumé Purpose

The main objective of a résumé, which is to provide a summary of one's skills, experiences, and qualifications to potential employers.

Get An Interview

The process of securing a meeting or discussion with a potential employer as a candidate for a job.

Related Questions