Multiple Choice
A $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate UCC for the end of year 1.
A) $7,800
B) $10,200
C) $34,000
D) $6,000
E) $12,000
Correct Answer:
Verified
Correct Answer:
Verified
Q237: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What
Q238: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What
Q239: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What
Q240: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What
Q241: Given the tax rates below, what is
Q243: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What is cash
Q244: The tax rates are as shown below.
Q245: A British Columbia resident earned $40,000
Q246: Which one of the following will decrease
Q247: A New Brunswick resident earned $20,000