Answer:
The after tax salvage value would be of $18,681.6
Explanation:
In order to calculate the after tax salvage value we would have use and calculate the following formula:
After tax salvage value = selling price*(1-tax rate)+book value*tax rate
Book value = 8 year depreciation amount of 7 year MACR*purchase price
After tax salvage value = $24,000*(1-0.4)+$240,000*4.46/100*0.4
After tax salvage value = $18,681.6
The after tax salvage value would be of $18,681.6
Which of the following is the most popular framing system used today?a. platform frame
Answer:
Journalize the following transactions for Pharoah Company.
Explanation:
1.
Supllies 1050
Cash 1050
5.
Retained earnings 440
dividen Payable 440
7.
Cash 5800
deferred revenue 5800
16.
Cash 800
Account receivable 800
33.
Equipment 3300
cash 1250
Account payable 2050
<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>
CFO; CEO</span>