Answer:
$2,343,120
Explanation:
The computation of the after tax salvage value of the asset is shown below:
Written down cost of asset after 4 years = Acquisition cost of an asset - 4 years depreciation
= $9,100,000 × (100 - 20 - 32 -19.20 - 11.52)%
= $1,572,480
Refer to the MACRS table
Now
Selling price = $2,600,000
Gain on Sale is
= $2,600,000 - 1,572,480
= $1,027,520
So,
Tax on Gain is
= $1,027,520 × 25%
= $256,880
So,
After tax salvage value = Sales Price - gain on tax
= $2,600,000 - $256,880
= $2,343,120
The point at which it is no longer advantageous to buy in bulk is known as marginal. It is the incremental increase in a benefit to a consumer caused by the consumption of an additional unit of good.Marginal benefits normally decline as a consumer decides to consume more and more of a single good.
Answer:
sandwiches
Explanation:
supplier has plenty of spare capacity to increase output
high stocks levels are available to meet raising demand
short production time frame to get products to market
easy of factor substitution is high
Answer:
Luther Corporation
Current Ratio for 2006 is closest to:
1.1 : 1
Explanation:
a) Data and Calculations:
Total Current Assets = $144 million
Total Current Liabilities = $132 million
Current Ratio = Current Assets/Current Liabilities
= $144/$132
= 1.1 : 1
b) Luther Corporation's current ratio is a liquidity measure that shows Luther's ability to pay off short-term obligations worth $132 million or those due within one year with its current assets of $144 million. The ratio tells investors and analysts of Luther Corporation how Luther can use its current assets to pay off its current debts. Since Luther's current ratio is higher than 1, it is considered good, depending on the industry average. This means that Luther's current ratio of 1.1 : 1 should not be considered in isolation, but in comparison with other firms in the industry and its performance over a number of years.
Answer: C the fallacy of composition.
Explanation:
The Fallacy of Composition is meant to explain the false logic that people apply when they believe that because something is true of a subsection of something, then that thing must be true for the whole thing.
For instance, my phone's batter is made of lithium so my entire phone must be made of lithium.
In this scenario, the logic is that it is good to be involved in military conflict because it favors the nation if it favors a subset (employees in defense) which is flawed because other industries might suffer. This however, represents the fallacy of composition.
