Which of the following statements about MACRS depreciation is true? A. Salvage value is taken...
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Accounting
Which of the following statements about MACRS depreciation is true?
A. Salvage value is taken into account in computing MACRS depreciation.
B. MACRS depreciation for realty is straight line.
c. A half year of MACRS cost recovery is always calculated for personalty type assets disposed of during the year.
D. MACRS recovery periods are based on estimated useful lives of particular assets.
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