Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An asset used in a 4-year project falls in the 5-year MACRS class for tax purposes. The asset has an acquisition cost of $500,000 and will be sold for $100,000 at the end of the project. Assume tax rate is 35%.
(A) Find the asset's book value at the time of liquidation.
(B) Find the amount of capital gain realized from the asset's liquidation.
(C) What is the tax implication of the asset's liquidation?
(D) What is the net salvage value of the asset?
[Depreciation schedule for assets with 5-year tax life is: 20%, 32%, 19.2%, 11.52%, 11.52%, and 5.76% in year 1 through year 6, respectively]
Under the gold standard, if Britain became more productive relative to the United States, what would happen to the money supply in the two countries?
You recently sold an antique car you owned and valued greatly. However, you needed money and agreed to sell the car at a price of $48,000, to be paid in monthly payments of $1,200 each for 48 months. What interest rate did you charge for financing..
an investment project costs 21500 and has annual cash flows of 6500 for 6 years. if the discount rate is 15 percent
Assume a bank charges a 15.5% APR (annual percentage rate) on credit card holder compounds quarterly. What EAR (effective annual rate) is the bank is charging? What if they change compounding to bi-monthly? Compare the result from the bank perspec..
What's the taxable equivalent yield on a municipal bond with a yield to maturity of 8.50 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)
Have created questions about how risk management products and strategies should be handled for accounting reporting purposes.
what recommendations would you make to jim sinegal regarding the actions that costco management needs to take to
Lindsey has a job with monthly take-home pay of $3,500. Using the suggested maximum debt safety ratio of 20%, what maximum debt burden per month can she assume?
What are the typical major asset and liability categories on a bank's balance sheet; comment on debt to equity level as compared to other corporate balance sheets you might have viewed?
a manufacturer of interocular lenses is qualifying a new grinding machine and will qualify the machine if the
Charlie owes Joe $8000 on a note that is due in five years with accumulated interest at 6 percent. Joe has an investment opportunity now that he thinks will earn 18 percent.
Warr Company just paid a dividend of $1.50 a share. The dividend is expected to grow 7% a year for the next 3 years and then at 5 percent a year thereafter.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd