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viva [34]
3 years ago
7

The equipment necessary for a 4 year project will cost $3,300,000 and can be sold for $650,000 at the end of the project. The as

set is in the 5-year MACRS class. The depreciation percentage each year is 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%, respectively. The company's tax rate is 40 percent. What is the aftertax salvage value of the equipment?
Business
1 answer:
Allisa [31]3 years ago
6 0

Answer: $618,096

Explanation:

Accumulated depreciation after 5 years = 20% + 32% + 19.2% + 11.52

= 82.72%

Value after 4 years = 3,300,000 * ( 1 - 82.72%)

= $570,240

Gain on sale = Salvage value - Net book value

= 650,000 - 570,240

= $79,760

Aftertax salvage value = 650,000 - (Gain on sale * tax)

= 650,000 - (79,760 * 40%)

= $618,096

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sergiy2304 [10]

Answer:

This is <em>false. </em>

Explanation:

You only have so much room on a resume, and refrences can be a waste of space. Typically, refrences are given upon request.

Hope this helped.

4 0
2 years ago
Babe Ruth was a famous baseball player in the 1920s. He made a salary of $80,000 in 1930, which was considered outrageous becaus
ArbitrLikvidat [17]

Answer:

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3 years ago
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nirvana33 [79]
A socially constructed category made up of people who share biologically transmitted traits
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2 years ago
Your investment banker has presented you with the following list of business characteristics of a small company your company is
wariber [46]

Answer:

A

Explanation:

The list contains more weaknesses than strengths

The list of weaknesses are:

Excess manufacturing capacity relative to market; If you are producing more than you are selling then its a weakness

Large inventories; that dont sell its a weakness

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6 0
3 years ago
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UkoKoshka [18]

Answer:

system producing

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