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Sc co June 2008

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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September 7, 2016 at 7:56 pm #338774
pinkyjovin123
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Hello.
Could you please explain How do we get 250 CA’s??Sc Co June 2008 4th Q a) part
September 7, 2016 at 8:42 pm #338810
John Moffat
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The question says that the capital allowances are 25% straight line.
The initial cost is $1M and therefore the allowances are 1M x 25% = 250,000 per year.
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