Answer:
(C) $19,776.80
Explanation:
The company will pay taxes for the difference between book value and sale value at disposal:
book value after 2 years:
It will be acquisition less accumulated depreciation, which is the sum of the MACRS depreciation rate for this two years
32,600 (1 - 0.20 - 0.32) = 32,600 x 0.48 = 15,648
sales price: 22,000
taxes: (22,000 - 15,648) x .35
6,352 x 0.35 = 2,223.2
after tax cash flow: 22,000 - 2,223.2 = 19,776.8
Answer:
ill do it of you make it more readable
Explanation:
Answer:
-Better decision making
-Can prevent costly mistakes and helps in tax period
The statement above is true. Forecasting is the utilization of notable information to decide the heading of future patterns. Organizations use estimating to decide how to apportion their financial plans or plan for expected costs for an up and coming timeframe. This is regularly in view of the anticipated interest in the products and ventures they offer.
