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mina [271]
3 years ago
14

"An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of

$5,400,000 and will be sold for $1,700,000 at the end of the project. If the tax rate is 22 percent, what is the aftertax salvage value of the asset?
Business
1 answer:
aliina [53]3 years ago
4 0

Answer:

$1,531,286.40

Explanation:

The computation is shown below:

Given that

Acquisition cost of an asset = $5,400,000

Sale value of an asset = $1,700,000

Tax rate = 22%

So the after tax salvage value of the asset is

= $1,700,000 - ($1,700,000 - $5,400,000 × (11.52% + 5.76%)) × 22%

= $1,531,286.40

Refer to the MACRS table for the depreciation rate i.e 11.52% and 5.76%

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message flows are modeled with solid arrows

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Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.  

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Answer:

A = P * (1 + r/n)^nt. Where A = Maturity amount = ? P = Principal amount = $8,000, r = Rate of interest = 6%, n = Number of compounding per year = 1, t = Number of year

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A = $8,988.80

b. t = 6

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A = $8,000 * (1.06)^6

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c. t = 10

A = $8,000 * (1 + 0.06/1)^1*10

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d. t = 15

A = $8,000 * (1 + 0.06/1)^1*15

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2 years ago
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. The effect of g
DaniilM [7]

Answer: See explanation

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• The effect of government regulation on a monopolist's production decisions= Microeconomics

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prohojiy [21]

Current profit maximization and target return are two strategies used by firms that are pursuing a profit pricing objective.

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The two strategies that a firm use while pursuing a profit pricing objective is current profit maximization and target return pricing.

Learn more about profit pricing objective here

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