What is the amount of the depreciation expense

Assignment Help Finance Basics
Reference no: EM13725478

1. What is the amount of the depreciation expense for the fourth year for this company if it just purchased some fixed assets classified as 5-year property for MACRS? The assets cost $15,000.

MACRS 5 yr property
Year Rate
1 20.00%
2 32.00%
3 19.20%
4 11.52%
5 11.52%
6 5.76%

Reference no: EM13725478

Questions Cloud

An organization using information systems for performance : Discuss an organization using information systems for performance evaluation of their employees in 1~3 pages.
The effective annual yield on a one-year zero coupon bond : The effective annual yield on a one-year zero coupon bond is 7% and the effective annual interest rate on a two-year zero coupon bond is 8%. You are able to arrange a one-year forward investment at rate i for a one-year period.
Calculate the npv of walking the dragline : Question(1)calculate the NPV of walking the dragline.(2)calculate the NPV of employing contractors.(3)what recommendation should Horwill make to the CFO.(4)what other factors do you think the CFO should take into account when she makes her fina..
Find the yield rate for the lender : A $1000 loan over a 10-year period earns an effective rate of interest of 9% per annum. Interest is paid each year as accrued and the principal is repaid at the end of ten years. If the repayments to the lender are reinvested at 7%, find the yield ra..
What is the amount of the depreciation expense : 1. What is the amount of the depreciation expense for the fourth year for this company if it just purchased some fixed assets classified as 5-year property for MACRS? The assets cost $15,000.
Decide whether there is a unique yield rate : For each of the following cash flows, decide whether there is a unique yield rate i > ?1? Can you guarantee that the yield rate is positive?
Cost allocation on a piece of land if the original cost : How do I figure out cost allocation on a piece of land if the original cost was 250,000, market value is 300,000, net book value is 250,000, and offer to purchase is 300,000?
The negative effects resulting from improper disposal : Write an essay between 150-200 words on the negative effects resulting from improper disposal of used articles persuade your reader to observe rules for proper disposal for used articles and recommended to the community methods to addresses o..
Marginal profits px and py both equal the average profit : Let P(x,y) be any profit function. Show that when the average profit is maximized, the marginal profits Px and Py both equal the average profit. Explain why this is reasonable

Reviews

Write a Review

Finance Basics Questions & Answers

  How much money will the firm have

How much money will the firm have when it is ready to expand if it can earn an average of 6.25 percent on its savings?

  The pawlonia tree company has an roa of 12 percent a 7

the pawlonia tree company has an roa of 12 percent a 7 percent profit margin and an roe of 17 percent. what is the

  Which is the better deal

If you haggle with the salesperson, you can buy the car for 22,500, but you will have to finance through the bank at 6.5%apr (compounded monthly). If you want to pay the car off in 5 yrs, which is the better deal?(Compare monthly payments)

  Forecasting the additional funds needed

Howton & Howton Worldwide is considering its operations for the coming year, and the CEO wants you to forecast the company's additional funds needed.

  What is the amount of the firm’s net fixed assets

The Le Bleu Company has a ratio of long-term debt to long-term debt plus equity of .35 and a current ratio of 1.25. Current liabilities are $950, sales are $5,780, profit margin is 9.4 percent, and ROE is 18.2 percent. What is the amount of the fi..

  For the year net sales were 5634 million and cost of goods

selected financial statement data for jamestown resorts for the year ending january 31 2008 are as followsjamestown

  The current stock price is 41 and the contract is on 100

suppose that you write a put contract with a strike price of 40 and an expiration date in 3 months. the current stock

  At what level of total new financing will retained earnings

A firm expects to have available $500,000 of earnings in the coming year, which it will retain for reinvestment purposes. Given the following target capital structure, at what level of total new financing will retained earnings be exhausted?

  You presently hold a 1000 par bond with a 7 coupon and a

you presently hold a 1000 par bond with a 7 coupon and a 14 year remaining term. if interest rates decreased what will

  A bond matures in 2020 and has an annual coupon of 365

a bond matures in 2020 and has an annual coupon of 3.65 percent payable on january 1 and july 1. the current price of

  A bank can borrow or lend libor suppose that the six- month

a bank can borrow or lend libor. suppose that the six- month rate is 2 and the nine- month rate is 3. the rate that can

  Briefly describe how substantive tests of account balances

if a companyrsquos control risk is assessed as low the auditor needs to gather evidence on the operating effectiveness

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd