Her gross income from this commission over the life of the lease is $28,560.
Commission for the first five years
Commission=5×(48,000× .075)
Commission=5×3600
Commission=$18,000
Commission for the next three years
Commission=3×(48,000 ×.05)
Commission=3×2,400
Commission=$7,200
Commission for the final two years
Commission=2×(48,000 ×.035)
Commission=2×1,680
Commission=$3,360
Gross income commission:
Gross income commission=$18,000+$7,200+$3,360
Gross income commission=$28,560
Inconclusion her gross income from this commission over the life of the lease is $28,560.
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The presence value of tax shield is =522,000,000
<h3>What is Tax shield?</h3>
Tax shields is calculate by substraction cash flow form two different sessions.
To determine the present value for first session
Market value = $300 billion
Tax rate = 20%
Debt = 0
Tax payable= Tax rate/100% * Market Value
Tax payable = 20/100× $300 billion
= 600,000,000
To get present value of tax
Market value = $300 billion
Tax rate = 20%
Debt = 13% of $300 billion
= 390,000,000
Present Market Value = $300 billon - 390,000,000
= 2,610,000,000 i.e $2.6billion
Tax payable = 20/100 × $2.6 billion
=522,000,000
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The machine's second year depreciation expense is $3,200.
Depreciation is a method that is used to expense the cost of an asset. The units-of-production depreciation method determines the depreciation expense based on the units of goods that the machine produces in a given year.
Unit of production depreciation expense = (unit of goods produced in year 2 / total units the machine can produce) x (cost of the asset - salvage value)
Total units the machine can produce = 1500 + 1250 + 1000 = 3750
(1000 / 3750) x ($15,000 - $3,000) = $3,200
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Certificates of Deposit (CDs), U.S Treasury Bills, and savings accounts are generally regarded as the least risky investments, given that they are backed - at least up to a certain limit - by the U.S government.
CDs are essentially fixed-term savings accounts, which means you must deposit your funds for a set amount of time, until the account reaches what is called "maturity." Withdrawing funds before this point typically leads to a fee. In return for sacrificing liquidity, CDs tend to offer higher interest rates than normal savings accounts. These rates are most often fixed, though they sometimes come with a feature that enables you to readjust your interest rates once over your account's lifetime. Bank-issued CDs are also insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per depositor, though this figure has dropped to $100,000 January 1, 2014. Credit Union-issued CDs are insured by another government agency, the National Credit Union Administration (NCUA), which provides the same coverage as the FDIC.
U.S Treasury Bills are sold by the government to investors as a way to fund short-term government debts. If you purchase a U.S Treasury Bill, you are basically loaning the government a certain amount of money in return for the government's promise to pay you back with a predetermined higher amount when the bill reaches maturity. U.S Treasury Bills are typically issued with maturity terms of one month, three months, six months and 1 year.
As we all know, savings accounts are offered by banks and credit unions and provide variable interest rates, which means their rates fluctuate in accordance with the Prime Rate. While there is no time requirement for a savings account, as there is with a CD, the law only allows consumers to make up to six transfers or withdrawals from a savings account per month (not including in-person ATM or branch withdrawals). Savings accounts offer the same as insurance protections as CDs.
Hope this helps you =)
The double entry<span> system of accounting or bookkeeping means that every business transaction will involve two accounts</span>
