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Put the formula, substitute values then put the answer Glidden Paint manufacturing, purchased mixer that has a first cost of $300,000, a 5-year recovery period, and a $60,000 salvage value. 1- Using MACRS depreciation method find: Depreciation Rate (%) for MACRS Recovery Year n=5 1 20.00 a. depreciation charge for year 2 (D;) b. book value for year 3 (BV3) 32.00 2- Double Declining Balance (DDB) Depreciation find: .3 19.20 11.52 a. depreciation charge for year 2 (D2) 11.52 b. book value for year 3 (BV3) 5.76

Put the formula, substitute values then put the answer Glidden Paint manufacturing, purchased mixer that has a first cost of $300,000, a 5-year recovery period, and a $60,000 salvage value. 1- Using MACRS depreciation method find: Depreciation Rate (%) for MACRS Recovery Year n=5 1 20.00 a. depreciation charge for year 2 (D;) b. book value for year 3 (BV3) 32.00 2- Double Declining Balance (DDB) Depreciation find: .3 19.20 11.52 a. depreciation charge for year 2 (D2) 11.52 b. book value for year 3 (BV3) 5.76

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Put the formula, substitute values then put the answer Glidden Paint manufacturing, purchased mixer that has a first cost of $300,000, a 5-year recovery period, and a $60,000 salvage value. 1- Using MACRS depreciation method find: Depreciation Rate (%) for MACRS Recovery Year n= 5 a. depreciation charge for year 2 (D2) b. book value for year 3 (BV3) 1 20.00 2 32.00 2- Double Declining Balance (DDB) Depreciation find: 3 19.20 4 11.52 a. depreciation charge for year 2 (D2) b. book value for year 3 (BV3) 11.52 6 5.76
Transcribed Image Text:Put the formula, substitute values then put the answer Glidden Paint manufacturing, purchased mixer that has a first cost of $300,000, a 5-year recovery period, and a $60,000 salvage value. 1- Using MACRS depreciation method find: Depreciation Rate (%) for MACRS Recovery Year n= 5 a. depreciation charge for year 2 (D2) b. book value for year 3 (BV3) 1 20.00 2 32.00 2- Double Declining Balance (DDB) Depreciation find: 3 19.20 4 11.52 a. depreciation charge for year 2 (D2) b. book value for year 3 (BV3) 11.52 6 5.76
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