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!
Whitsitt Inc. has provided the following data to be used in evaluating a proposed investment project: Initial investment $910,000 Annual cash receipts 425,000 Life of the project 7 years Annual cash expenses 230,000 Salvage value 84,000 The company's tax rate is 30%. For tax purposes, the entire initial investment will be depreciated over 7 years without any reduction for salvage value. The company uses a discount rate of 16%.
a. What is the depreciation tax shield?
b. What are the annual after-tax cash flows?
c .What is the after-tax cash flow from the salvage value in the final year?
e. What is the net present value of the project?
f. What would the annual soft benefits have to be for the company to accept the project?
On January 1, 2008, Boston Enterprises issues bonds that have a$3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par.
Jay Levitt Company produces one product, a putter called GO-Putter. Levitt uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter. Compute the applied overhead for Levitt for the year:
on february 24 amw purchased 4000 shares of kmp newly issued 6 percent cumulative 75 par preferred stock for 304000.
nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and
For the year ended December 31, 2011, Winter Company has implemented an employee bonus program equal to 3% of Winter's net income, which employees will share equally. Winter's net income (prebonus) is expected to be $1,000,000, and bonus expense i..
last month 75000 pounds of direct material were purchased and 71000 pounds were used. if the actual purchase price per
simpson construction entered into a contract to construct a floating bridge across a lake. the contract price for the
a spray machine was purchased on october 1 20x7. the cost of the machine was 165000. the terms of the agreement were
the lindsay company has a defined benefit pension plan. the plan assets balance at fv on jan12011was 1600 and employer
the cash records of givens company show the following four situations.the june 30 bank reconciliation indicated that
the management of austin corporation is considering dropping product r97c. data from the companys accounting system
property tax rate and revenues a county government anticipates appropriations of 9500000 and revenue from the state and
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