Question 32 (1 point) YY Corporation can purchase a widget machine that has an initial...
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Question 32 (1 point) YY Corporation can purchase a widget machine that has an initial cost of $60,000. After being used for six years, the machine would be sold for $17,000. The machine is in a 20% CCA class. If the corporate tax rate is 25% and the appropriate cost of capital for the machine is 11%, what is the present value of the Capital Cost Allowance (CCA) tax shields associated with this machine? $5,326 $6,658 $6,935 $7,252 $7,732 Page 16 of 20 Previous Page Next Page
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