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Ket [755]
3 years ago
11

Diego Inc. wants to replace a 7-year-old machine with a new machine that is more efficient. The old machine cost $50,000 when ne

w and has a current book value of $12,000. Diego can sell the machine to a foreign buyer for $14,000. Diego's tax rate is 25%. What is the cash inflow that should be recorded for the initial year regarding this transaction?
Business
1 answer:
Alja [10]3 years ago
6 0

Answer:$10,500

Explanation:

The only cash inflow is the $14,000 from the sale of machinery less the 25% tax rate.

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Match each type of tariff with an example of its use.
Anna35 [415]

a. revenue tariff----------------a 6% tariff on oranges to provide money for the government.


Revenue tariff alludes to a set of rates planned for expanding public revenue. It can likewise be said as a tax exacted on import and fare to fund-raise for the government. Revenue tariff is any schedule or arrangement of rates or changes that are proposed to create income for the government.  

b. protective tariff---------a 50% tariff on oranges to shield domestic orange growers from international competition.


Protective tariffs are tariffs that are established with the point of ensuring a domestic industry. Tariffs are likewise forced keeping in mind the end goal to raise government income, or to decrease a bothersome action. In spite of the fact that a tariff can all the while secure household industry and procure government income, the objectives of assurance and income augmentation recommend distinctive duty rates, involving a trade off between the two points.  

c. retaliatory tariff-----------a 200% tariff on oranges to reply to a high tariff imposed by another country.


Retaliatory tariff refers to a tariff imposed as a methods for constraining a foreign government and expected to urge the give of correspondence benefits.  

Retaliatory tariff is a tariff imposed to pressure another nation into evacuating its own tariffs or making exchange concessions.

6 0
3 years ago
9. Problems and Applications Q9 Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Th
den301095 [7]

Answer: False

Explanation:

The real interest rate is the nominal interest rate adjusted for inflation.

If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.

For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:

= 8 - 4 = 4%

If inflation is instead 2%, real rate would be:

= 8 - 2 = 6%

Real rate would be higher than anticipated.

8 0
3 years ago
Hi i look for a friend
jasenka [17]

Answer:

hi

Explanation:

3 0
3 years ago
Read 2 more answers
Three stocks have share prices of $17, $65, and $35 with total market values of $440 million, $390 million, and $190 million, re
Korolek [52]

A price-weighted index is simply the sum of the members' stock prices divided by the number of members.

in this case (17+65+35)/3 = price-weighted index

7 0
3 years ago
Why might Juan choose a traditional savings account over other more aggressive savings plans?
aniked [119]

Answer:

He needs to be able to withdraw funds at any time.

Explanation:

Juan might choose a traditional savings account over other more aggressive savings plans because a savings account allows him to deposit his money and receives an interest and his money is available for withdrawal at any time he needs it but other more aggressive savings plans that probably would pay higher interest rates don't allow to withdraw the funds for a period of time. Because of this, the answer is that he needs to be able to withdraw funds at any time.

3 0
3 years ago
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