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bixtya [17]
3 years ago
9

Russell’s is considering purchasing $388,000 of equipment for a four-year project. The equipment falls in the five-year MACRS cl

ass with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. At the end of the project the equipment can be sold for an estimated $174,000. The required return is 14.6 percent and the tax rate is 34 percent. What is the amount of the aftertax salvage value of the equipment? Multiple Choice $114,750.21 $137,635.78 $118,804.30 $138,666.67 $143,001.29
Business
1 answer:
Inessa05 [86]3 years ago
4 0

Answer:

$137,635.78

Explanation:

Calculation for the amount of the after tax salvage value of the equipment

First step is to find the Book value

Book value = $388,000 ×(1 - 2. - .32 - .192 - .1152)

Book value = $67,046.40

Second step is to find the After tax salvage value

After tax salvage value = $174,000 + ($67,046.40 - 174,000)(.34)

After tax salvage value=$174,000 +(-106,953.60*.34)

After tax salvage value=$174,000 +(-$36,364.224)

After tax salvage value = $137,635.78

Therefore the amount of the after tax salvage value of the equipment will be $137,635.78

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Suppose the country of Stan has fixed its exchange rate to the dollar. The official exchange rate is 0.50 U.S. dollars per rupee
In-s [12.5K]

Answer and Explanation:

1. At 0fficial exchange rate:

100 * 0.5 = $50

what I want to buy would be purchased at $50

at market exchange rate:

0.25 x 100 = $25

products bought from this place are not a good deal as I am paying more than the market exchange rate.

2. at equilibrium exchange rate:

100 x 0.25% = $25

the price is $25

3. from answers 1 and 2, I will not want demand Stan's rupees. the products are costly to get.

4. Stan's currency is obviously overvalued. the people from this country now has increased purchasing power so they can purchase goods in dollars, therefore they would be supplying their currency.

5. They will have to buy up the surplus of rupees so that they can easily keep up with maintaining the rupee at half a dollar.

8 0
3 years ago
"A municipality has a tax rate of 18 mills. A piece of real property in the municipality is assessed at $180,000 and has a fair
White raven [17]

Answer:

$3,240

Explanation:

Calculation for the annual tax liability on the property

Using this formula

Annual tax liability= (Tax rate× Real property )

Where= Tax rate =18 million

Real property=180,000

Let plug in the formula

Annual tax liability=( .018x180000)

Annual tax liability=$3,240

Therefore the annual tax liability on the property is $3,240

5 0
3 years ago
the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general en
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The observation that a country reached automotive production overcapacity in 2018, is an aspect of the global segment of the general environment

<h3>What an environment</h3>

An environment includes everything that makes up the earth. This include people, animals, plant, economy, business, culture etc. They all have a role to play in the day to day activities and how an individual act and react.

The global segment of environment is the aspect that affects all countries and people.

Therefore, the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general environment

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5 0
2 years ago
A red sleeveless dress has been a fast seller at a clothing store. Which of these might raise the price of the dress? A.A change
grigory [225]

Correct answer choice is:


D. A reduction in the number of dresses available from the manufacturer.


Explanation:


As per the law of supply and demand, a product tends to experience a rise in costs if the availability is faded. When the availability is faded, the merchandise becomes a lot more limited and provides the vendor additional power to extend the worth if the purchasers wish to accumulate it.

8 0
3 years ago
Read 2 more answers
5 An insured’s house is damaged by a fire and is uninhabitable. As a result, the insured has to rent an apartment until repairs
Nata [24]

Answer:

Coverage E - Additional Living Expense

Explanation:

Based on the scenario being described within the question it can be said that this individual has a Coverage E - Additional Living Expense. This is an insurance coverage that covers the home-owner with compensation when they they are not able to live in their house due to an loss or a claim which is insured. Such as damage due to fire, like in this scenario which made the house uninhabitable.

4 0
3 years ago
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