Multiple Choice
A firm purchases a new truck for $30,000. It will be depreciated over 5 years at $6,000 per year. If the tax rate is 30% what is the time 0 cash flow?
A) -$6,000
B) -$21,000
C) -$30,000
D) -$28,200
Correct Answer:
Verified
Correct Answer:
Verified
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