Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Hi expert please give me answer general accounting question

A project has sales of $49,000, costs of $38,000,
depreciation of $6,000, interest expense of $300,
and a tax rate of 30 percent. What is the value of the
depreciation tax shield?
a. $1,800.
b. $1,500.
c. $4,500.
d. $4,200.
e. $1,645.
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Transcribed Image Text:A project has sales of $49,000, costs of $38,000, depreciation of $6,000, interest expense of $300, and a tax rate of 30 percent. What is the value of the depreciation tax shield? a. $1,800. b. $1,500. c. $4,500. d. $4,200. e. $1,645.
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College