What are the after-tax proceeds from the sale

Assignment Help Finance Basics
Reference no: EM13265493

Zippy Corporation just purchased computing equipment for $21,000. The equipment will be depreciated using a five-year MACRS depreciation schedule. If the equipment is sold at the end of its fourth year for $12,200, what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent.

Reference no: EM13265493

Questions Cloud

What is the operating cycle at telecraft : Telecraft Enterprises carries 45 days of inventory in its stores. Last year Telecraft reported net sales of $1,302,300 and had receivables of $322,000 at the end of the year. What is the operating cycle at Telecraft ?
Determine the frequency of the siren : You are driving east on 8th Street (Tamiami Trail) at a speed of 31. In the rearview mirror, What is the frequency of the siren
What is the implied value of the warrants attached : Neubert also has outstanding $1,000 par value 15-year straight debt with a 7% coupon paid annually, also trading for $1,000. What is the implied value of the warrants attached to each bond?
Find out r and a from the measurements : Assume that the ideal gas law is valid, with T=t(celcius)+a, and that the values of R and a are not known. Determine R and a from the measurements provided.
What are the after-tax proceeds from the sale : what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent.
Compute the magnetic moment of the loop : A current of 22.0 mA is maintained in a single circular loop of 1.90 m circumference. A magnetic field of 0.830 T is directed parallel to the plane of the loop. Calculate the magnetic moment of the loop
Describe a bearish pattern with the two ma lines : Assuming a stock price and volume chart that also contains a 50-day and a 200-day MA line, describe a bearish pattern with the two MA lines and discuss why it is bearish.
Determine weather fm signals can be received inside tunnel : Suppose you are driving inside a tunnel. Assume that each of the two tunnels is 22ft wide and 13.5 ft tall. 1. Can you receive an AM radio signal in an automobile 2. Also determine weather FM signals can be received inside the tunnel.
Describe the alchoholic fermentation process : Yeast and other organisms can convert glucose (c6h12o6) to ethanol (ch3ch2oh) by a process called alchoholic fermentation. The net reaction is

Reviews

Write a Review

Finance Basics Questions & Answers

  What are the totals of assets and liabilities for business

They also have $18,500 in business equipment they own, and owe $1,600 in loans for new equipment. According to this list, what are the totals of assets and liabilities for the business?

  Computation of npv of the project option and evaluation

Computation of NPV of the project option and evaluation and you are considering a project which has been assigned a discount rate of 8%

  Identify key areas of accounts receivable management

Analyse whether the proposed changes in credit policy should be accepted. Identify and discuss die key areas of accounts receivable management.

  What is the projects net present value

Using decision-tree analysis, does it make sense to wait 2 years before deciding whether to drill?

  Asymmetric information problems

The pecking order states how financing should be increased. In order to avoid asymmetric information problems and misinterpretation of whether management is sending a signal on security overvaluation the company's first rule is to:

  Balance sheet, income statement, and statement of cash flow

the Balance Sheet, income statement, and statement of cash flows for GameStop Corp. Excel Sheet MUST be able to be edited. Both horizontal and vertical analyses, z-scores, and ratios must be complete for all three years.

  What is the after-tax salvage value of the old machine

The existing machine is 8 years old, cost $200,000, had a 10-year useful life, and is being depreciated to zero using the straight-line method. Waterford's income tax rate is 35%. What is the after-tax salvage value of the old machine?

  What is the companys cost of equity capital

Marie's CFO has calculated the company's WACC as 7.83%. What is the company's cost of equity capital? Round your answer to two decimal places.

  What is the percentage price change of these bonds

Bond J is a 3 percent coupon bond. Bond K is a 9 percent coupon bond. Both bonds have 13 years to maturity, make semiannual payments, and have a YTM of 6 percent.

  Explain what is the maximum capital budget

Explain what is the maximum capital budget that can be adopted without adversely affecting stockholder wealth

  Calculate selling price of bond

A bond matures in 15 years, par value of $1,000, and annual coupon of 5.7%. Current interest rate is 9.7%. At what price will the bond sell?

  Assess risks and opportunities in terms of economic

Assess risks and opportunities in terms of economic. A analysis of the case study "AccuForm: Ethical leadership and its challenges in the era of globalization"

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