sir when we are told in this question that realisable value of the asset is POST-TAX $4m, then why do use this figure for balancing allowance, shouldn't we have used the PRE-TAX figure?
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Burung co
5y ago#1What tax would you be taking about and what tax rate would you assume to get a pre-tax figure???
The mention in the question of it being after any tax was unnecessary and irrelevant.
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