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!
Pilot Plus Pens is deciding when to replace its old machine. The old machine's current salvage value is $2 million. Its current book value is $1 million. If not sold, the old machine will require maintenance costs of $400,000 at the end of the year for the next five years. Depreciation on the old machine is $200,000 per year. At the end of five years, the old machine will have a salvage value of $200,000 and a book value of $0. A replacement machine costs $3 million now and requires maintenance costs of $500,000 at the end of each year during its economic life of five years. At the end of the five years, the new machine will have a salvage value of $500,000. It will be fully depreciated by the straight-line method. In 5 years, a replacement machine will cost $3,500,000. Pilot will need to purchase this machine regardless of what choice it makes today. The corporate tax rate is 34 percent and the appropriate discount rate is 12 percent. The company is assumed to earn sufficient revenues to generate tax shields from depreciation. Should Pilot Plus Pens replace the old machine now or at the end of five years?
melinda invests 200000 in a city of heflin bond that pays 6 interest. alternatively melinda could have invested the
Although partnerships are flow-through entities, partner-partnership, partner-partner, and partner-external party transactions may have tax implications. Discuss the tax implications of each type of transaction.
Claremont Company specializes in selling refurbished copiers. During the month, the company sold 175 copiers at an average price of $2,900 each.
haslett corporation uses standard costs with its job order cost accounting system. in january an order for 1900 units
1. the budget procedure that requires all levels of management to start from zero in estimating sales production and
Browne and Red, both C corporations, formed the BR partnership on january 1, 2009.neither Browne nor Red is a personal service corporation, and BR IS NOT A TAX SHELTER. BR'S GROSS RECEIPTS WERE $4.6 million, $5 million, $6 million, and $7 million ..
race one motors is an indonesian car manufacturer. at its largest manufacturing facility in jakarta the company
This problem is a continuation of Problem 3. Assume you ramp up production to 1,000 units in both may and June. Repeat the calculations requested in Problem 3 for the second quarter of the year (April, may, and June).
the standard price per pound is the price that benjis has paid for cheese for the last few months. benjis normally uses
Barry's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each widget costs $1 and is sold for $1.50. How much is budgeted sales revenue for the third quarter of 2004?
northwestern lumber products currently has 15000 shares of stock outstanding. patricia the financial manager is
a retail department store used the following cost-volume relationship were used in developing a flexible budget for the
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