User Account

All Pages

After-tax cash flow from sale of equipment

Assignment Help Finance Basics
Reference no: EM132540722

Quick Computing installed its previous generation of computer chip manufacturing equipment 3 years ago. Some of that older equipment will become unnecessary when the company goes into production of its new product. The obsolete equipment, which originally cost $37.00 million, has been depreciated straight-line over an assumed tax life of 5 years, but it can be sold now for $17.40 million. The firm's tax rate is 30%. What is the after-tax cash flow from the sale of the equipment? (Enter your answer in millions rounded to 1 decimal place.)

Reference no: EM132540722

Questions Cloud

What is the current price of the bond : 1. A $1,000 bond has a coupon rate of 4 percent and matures after ten years.
Find the absorption costing net operating income for month : Find the absorption costing net operating income for the month. What is the unit product cost for the month under variable costing?
Show an amount column a per unit column : Show an Amount column, a Per Unit column, and a Percent column on each statement. Do not show percentages for the fixed expenses.
How do the teams manage their team boundaries : How do the teams manage their team boundaries? What are the trade-offs between internal cohesion and external ties within each type of team?
After-tax cash flow from sale of equipment : The firm's tax rate is 30%. What is the after-tax cash flow from the sale of the equipment? (Enter your answer in millions rounded to 1 decimal place.)
Calculate the r-square value and interpret the results : Using both methods above, predict Wedding Bells' Material-Handling costs for a month when 2,300 units of activity are recorded.
Calculate the present value of cindy inheritance : Cindy Arella's godmother just left her an inheritance of $100,000:
Describe one-way anovas to analyze the research : The researcher decides to do two separate one-way ANOVAs to analyze the research. However, a colleague reports that they have evidence that math anxiety.
What is the current price of the bond : A $1,000 bond has a coupon rate of 4 percent and matures after ten years.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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