If a project's IRR is greater than 0 percent, the project should be accepted.
Indicate whether the statement is true or false
Question 2
Under MACRS, an asset which originally cost 100,000, incurred installation costs of 10,000, and has an estimated salvage value of 25,000, is being depreciated using a 5-year normal recovery period. What is the depreciation expense in year 1?
A) 15,000
B) 12,750
C) 11,250
D) 22,000