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A company bought a piece of equipment for $250,000. The equipment has a useful life of 10 years. The company is using the seven-year MACRS property class to depreciate the asset for tax purposes. At the end of year 4, the company sold the equipment for $150,000. The tax rate for both ordinary gains and capital gains is 35%. What are the net proceeds (after tax) from the sale of the equipment? Show step by step work to receive credit please.
potter corporation sells office supplies to government agencies. the company reports the following selected account
W hat will happen to the number of firms, the market supply, and the price of the good as we move from the short run to the long run?
Does the estimated equation provide evidence in support of the CAPM for stock
Suppose that demand for good increases and, at the same time, supply of the good decreases. What would happen in the market for the good?
On April 1, 2015, a company loans one of its suppliers $53,000 and accepts a 30-month, 12% note receivable. Calculate the amount of interest revenue the company will recognize in 2015, 2016, and 2017.
hink about how you can check whether marginal benefit equals marginal cost for each of your household’s activities. Are your household’s resources allocated fairly? Think about the two ideas of fairness and how they apply in your household. By what m..
A project manager must consider several components when overseeing the planning process of aggregate operationsspecifically, whether such components are factors that are internal or external to the organization. Which of the following factors would..
In preparing the actual forecast numbers, the forecast staff should
In the late eighteenth century, the price of bread in New York City was controlled, set at a predetermined price above the market price. Draw a diagram showing the effect of the policy. Did the policy act as a price ceiling or a price floor?
Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for 20,000$. if the company wants to recover the cost in 2 years, what is the equivalent amount of a new income that must be rea..
q1. assume that a national restaurant firm called bbq builds 10 new restaurants at a cost of 1 million per restaurant.
This HW assignment is very relevant to the Great Recession experienced in the US from December 1997 - June 1999. In particular, we experience a significant and negative wealth shock and map out how this effects the consumption decisions of households..
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