1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alja [10]
3 years ago
6

Edward's Manufactured Homes purchased some machinery 3 years ago for $319,000. These assets are classified as 5-year property fo

r MACRS. The company is replacing this machinery today with newer machines that utilize the latest in technology. The old machines are being sold for $140,000 to a foreign firm. What is the aftertax salvage value from this sale if the tax rate is 35 percent
Business
1 answer:
9966 [12]3 years ago
7 0

Answer:

$144,592  

Explanation:

The computation of the after tax salvage value is shown below;

We assume that after 2 years, 52% of the equipment cost would be written off so the remaining basis i.e.

= $319,000 × 48%

= $153,120

The tax loss is

= $153,120 - $140,000

= $13,120

ANd, the tax rate is 35%

So,  

= $13,120 × 0.35

= $4,592

Now the after tax salvage value is

= $140,000 + $4,592

= $144,592  

You might be interested in
After a year of mentoring, andrew is starting his own bakery. he has listened to all of his mentor's advice, especially about de
Maslowich

Sorry I don’t understand

7 0
3 years ago
Read 2 more answers
Which of the following is a reason to purchase bonds
Anna11 [10]

To receive a specific reliable return on your investment.

It is a specific return because it is pre-set and you know what you can expect to get up front. It is reliable because bonds are low risk and generally safe investments.

Low risk/low reward.

5 0
4 years ago
Decision Point: Choosing Your Shake's Packaging You've selected the formula for the turmeric shake. You now need to decide on th
lions [1.4K]

Answer:

Drink pouch

Explanation:

The Drink pouch will the best best choice for the packaging of the turmeric shake. It is 12 ounce drink pouches that are fitted with screw tops which are resealable, lightweight and portable. The pouches are inexpensive to purchase.

It is the best choice as the customers wants the packaging style that offers them the convenience in storage as well as in consumption. The drink pouches are designed such that it can be resealed and the lightweight of packaging material is convenient to carry places. Also the cost of the drink pouch is 12 ounce which  keeps the production cost low, that preserves in the Fine Fettle's profit margin.

7 0
3 years ago
Of these three charts which one is best as far as focal point
neonofarm [45]
I see no picture or problem !!
5 0
3 years ago
The​ employment-population ratio measures the
Klio2033 [76]

Answer:

A. percentage of the working age population that is not employed.

D. understates the true degree of joblessness in the economy.

B. does not affect the​ employment-population ratio.

Explanation:

The employment population is the population which is not employed out of the total population willing to be employed.

Thus, in a population there are people who want to work, and are working and people who want to work, but cannot find work.

When a person who is unemployed drops out of the total labor force then the unemployment rate, will be understated which will clearly, not show the fair state of joblessness in the economy as the person without job is not included in labor force.

As the employment ratio is based on population and not on labor force the dropping of unemployed person from the labor force will not affect the employment ratio.

7 0
4 years ago
Other questions:
  • The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market beca
    13·1 answer
  • Which of the following savings account types has the potential to earn the highest amount of interest?
    7·2 answers
  • What does it mean to take ownership of your own learning? In your response, describe the difference between active and passive l
    5·1 answer
  • If a country's money supply is $10 million, and there is only one bank where all of the people deposit their money. If the bank
    13·1 answer
  • In the late 1800s, Cecil Rhodes took the money he made from renting water pumps to miners and used it to buy up the claims of sm
    11·1 answer
  • Truball Inc., which manufactures sports equipment, consists of several operating divisions. Division A has decided to go outside
    12·1 answer
  • What is the major source of income for the federal government?
    7·1 answer
  • Why do you think it is important to understand GDP?
    12·1 answer
  • Vail Mountain Resort in Vail, Colorado, is a world-class ski destination. Vanessa is a newly-hired manager of digital media and
    6·1 answer
  • XYZ Co. manufactures bicycles. Demand for this year’s model is expected to occur at a constant annual rate of 9200 items. One bi
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!