At the Beginning of Year 1,XYZ Bought a Machine for $50,000.The

question 36

Multiple Choice

At the beginning of year 1,XYZ bought a machine for $50,000.The machine is in class 43 with a CCA rate of 30%.Assuming that the machine is the only asset in the class,what is the CCA that XYZ can claim for the fiscal year ended at the end of year 2?

• A) $7,500
• B) $11,250
• C) $12,750
• D) $15,000

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Definitions:

Aggregating Prospective Buyers

The process of compiling and uniting potential customers into a single group or database for targeted marketing.

Marketing Action

Any strategy or campaign undertaken by a company to promote its product, brand, or service to its target market.

Marketing Action

Any initiative or strategy employed by a company to promote its products or services and engage with its target market.

Market Segmentation

The process of dividing a broader market into specific groups based on characteristics like age, income, preferences, or needs.