robert shapprio leasing co 40 tax rate i


Robert Shapprio Leasing CO (40% tax rate) I determining leae rate for a number of equipment . it is allowed to use the following accelerated depreciation rate

3 years: 25%   38% 37%

5 Years: 15% 22% 21% 21% 21%

Determine the lease rate for :

a- A fleet van costing $ 120,000 in total with 4% ITC  3 year useful life , K= 15% , Salvage value 25,000

b- A computer requiring a 15 million outlay , 5 years life , 8 %  ITC , salavage value = 0  K= 18.33.

Request for Solution File

Ask an Expert for Answer!!
Corporate Finance: robert shapprio leasing co 40 tax rate i
Reference No:- TGS0206049

Expected delivery within 24 Hours