Zippy corporation just purchased computing equipment for

Assignment Help Finance Basics
Reference no: EM13619797

Zippy Corporation just purchased computing equipment for $24,000. 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 $11,000, what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent.

Reference no: EM13619797

Questions Cloud

Use computational software to determine a if the ball : a ball is dropped with a velocity v0 at an angle a with the vertical onto the top step of a flight of stairs consisting
At 99 confidence using the critical value approach test : the national association of landscape professionals has determined that on average mulch lasts 87 days befor fading or
An investment project has annual cash inflows of 4600 5700 : an investment project has annual cash inflows of 4600 5700 6500 and 7800 and a discount rate of 13 percent.
Shetch the free body diagram for the frisbee during level : a frisbee in flight has lift and drag coefficients of cl and cd respectively where the reference area a is the frisbee
Zippy corporation just purchased computing equipment for : zippy corporation just purchased computing equipment for 24000. the equipment will be depreciated using a five-year
The pipe flow exits to the atmosphere neglecting minor : water is pumped through a horizontal 1500 m long section of steel commercial pipe with diameter of 5 cm. the pressure
Global enterprises has just signed a 3 million contract the : global enterprises has just signed a 3 million contract. the contract calls for a payment of .5 million today .9
Six twelve inc is considering opening up a new convenience : six twelve inc. is considering opening up a new convenience store in downtown new york city. the expected annual
Develop a 95 confidence interval on the population : lori m. is trying to determine the proportion of expense reports that contain questionable charges. she takes a

Reviews

Write a Review

Finance Basics Questions & Answers

  The big mac index

In brief describe the history and purpose of the big Mac Index. where is it most expensive to buy big Mac? where is it least expensive to buy a big Mac?

  Workforce reduction during mergers

Why do mergers and acquisitions often lead to consolidation of positions or reductions in workforce? What effect do these changes have on the employees?

  The pure company utilizes cost-plus pricing with a 50

the pure company uses cost-plus pricing with a 50 mark-up. the company is currently selling 100000 units at 12 per

  What are some examples of nonconventional expenditures

What are some examples of nonconventional expenditures that must be considered in the modern public financial management and budgeting environment? Which are most difficult to address? Why? What strategies do agencies employ to deal with them?

  Users of financial information

Differentiate between the different users of financial information.

  Should the mangement pursue this reduction in debt

The issuance of $5,000,000 in common equity and repurchase of debt in that same amount is expected to result in the reduction in kd to 7%. The impact of the action on the cost of equity is to be established. Should the mangement pursue this reduct..

  Compute the marginal cost of capital on the additional

Compute the marginal cost of capital on the additional $150 million assuming the cost of debt stays the same.

  Select one of the laws listed below and explain how it has

legal aspects of staffing- dq 1select one of the laws listed below and explain how it has changed the staffing

  Why is not it cost-effective to underinsure your property

What improvements can you make to an existing home to take advantage of premium reduction programs? 3. Why is not it cost-effective to underinsure your property?

  500 in def earning 55 percent 3000 in ghi earning 58

art williams radio station manager in franklin county new jersey is in the 25 percent federal marginal tax bracket and

  If all assets short-term liabilities and costs vary

xyz company is currently operating at full capacity has sales of 29000 current assets of 1600 current liabilities of

  Computing annual interest rate compounded monthly

Jack has a balance of $1276.53 on a credit card with an annual percentage rate of 15.2%. Find out the amount applied to reduce the principal in this statement. Show work.

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