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VLD [36.1K]
3 years ago
9

Pet Supply purchased some fixed assets two years ago at a cost of $43,800. It no longer needs these assets so it is going to sel

l them today for $32,500. The assets are classified as five-year property for MACRS. The MACRS rates are 20%, 32% 19.2%, 11.52%, 11.52%, 5.76%, for years 1 to 6, respectively. What is the net cash flow (A-T Salvage Value) from this sale if the firm's tax rate is 35 percent
Business
2 answers:
DiKsa [7]3 years ago
6 0

Answer:

$28,483.4

Explanation:

The computation of the net cash flow is shown below;

Asset cost       $43,800

MACRS Rate 0.2 0.32

                     8760 14016

So total depreciation is

= $8,760 + $14,016

= $22,776

Now  

Book Value of the company is

= oriignal value - depreication

= $43,800 - $22,776

= $21,024

And,  

Sale price = 32500

So,  

Gain is

= $32,500 - $21,024

= $11,476

So,  

Tax = 0.35% of 11476

= $4,016

And, finally  

Net cashflows is

= Sale price - tax

= $28,483.4

nata0808 [166]3 years ago
3 0

Answer:

The correct solution is "28483".

Explanation:

According to the question,

Given:

Sales price,

= 32500

MARCS rates,

= 43800\times 0.2

= 8760

Or,

= 43800\times 0.32

= 14016

Now,

The total depreciation will be:

= 8760+14016

= 22776

The company's book value will be:

= Original \ value-Depreciation

= 43800-22776

= 21024

Gain will be:

= 32500-21024

= 11476

Tax,

= 35\times 11476

= 4016

hence,

The net cashflows will be:

= Sale \ price-Tax

= 32500-4016

= 28483

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oee [108]

Answer:

Micromarketing

Explanation:

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By acquisition we mean the ability of the retail seller to acquire a new share of customers.

By retention is meant the ability to maintain this share of customers permanently over time.

By extention instead we indicate the increase in the quantities / volumes purchased at the retailer by the same consumers.

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Sarah and Luke each purchased $125 of merchandise from Owens Grocers on account. The terms of both sales were 1/7, n/30. Account
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Answer:

Sarah inventory $ 123.75

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Explanation:

<u>Sarah</u>

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A seller hired broker N under the terms of an open listing. While that listing was still in effect, the seller without informing
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Answer:

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Andrew [12]

Simple answer....too break it down if there was no consumers there would be Stores open.

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4 years ago
Read the scenario and answer the question.
Aleksandr-060686 [28]

Answer:

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Explanation:

As per the principles of demand and supply, a decrease in supply while demand remains constant will cause the price to increase.  In Georgia, the supply of gasoline was interrupted by the storm's effect. There was little gasoline coming in, leading to a shortage. After Electricity went off, gasoline demand must have gone high as people needed fuel for generators.

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