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Author Question: Waterford Industries is considering the purchase of a new machine. It will replace an existing but ... (Read 347 times)

Destiiny22

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on: Jul 10, 2018
Waterford Industries is considering the purchase of a new machine. It will replace an existing but
  obsolete machine that will be sold for 50,000.
 
  The existing machine is 8 years old, cost 200,000,
  had a 10-year useful life, and is being depreciated to zero using the straight-line method.
  Waterford's income tax rate is 35. What is the after-tax salvage value of the old machine?
  A) 53,500 B) 46,500 C) 50,000 D) 42,000

Question 2

Total debt must always be equal to the sum of temporary, permanent, and spontaneous sources of
  financing.
 
  Indicate whether the statement is true or false


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tandmlomax84

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


Destiiny22

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

atrochim

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Reply 3 on: Yesterday
:D TYSM

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