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    Principles of Corporate Finance Study Set 4
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    Exam 2: Financial Statements, Cash Flows, and Taxes
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    Under CCA, an Asset Which Originally Cost $10,000 Is Being
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Under CCA, an Asset Which Originally Cost $10,000 Is Being

Question 157

Question 157

Multiple Choice

Under CCA, an asset which originally cost $10,000 is being depreciated using a 20% CCA rate.What is the depreciation expense in year 2?


A) $2,100
B) $1,500
C) $1,200
D) $1,800

Correct Answer:

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