Which one of these statements related to MACRS depreciation is correct?
A) The MACRS percentages in the IRS tables are applied annually to the then current book value of an asset.
B) The MACRS system of depreciation was eliminated by the IRS in 2012.
C) An asset will be depreciated faster using MACRS rather than the straight-line method.
D) An asset classified as 3-year MACRS property will be fully depreciated at the end of Year 3.
E) All newly acquired property is considered to be placed in service at the start of the year for MACRS purposes.
Correct Answer:
Verified
Q4: Assume an asset costs $38,700 and has
Q5: Changes in net working capital
A)are included in
Q6: In project analysis,which one of these is
Q7: Capital budgeting analysis is based on
A)the discounted
Q8: The cash flows of a project include
Q10: The incremental cash flows of a project
Q12: Sunk costs include any cost that
A)will change
Q13: You spent $500 last week fixing the
Q14: Project analysis is focused on _ costs.
A)total
B)sunk
C)variable
D)incremental
E)fixed
Q20: Erosion can be best explained as the
A)loss
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