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tatuchka [14]
3 years ago
6

Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value

of the old machine is $18,000 but the book value is $32,000. The firm's tax rate is 30%. What is the net cash outflow for the new machine after considering the sale of the old machine? Disregard the effect of depreciation of the new machine if acquired.
Business
1 answer:
Blababa [14]3 years ago
7 0

Answer:

$47,800

Explanation:

net cash outflow for the new machine = Cost of new machine - salvage value of old machine + tax ( salvage value of old machine - book value of old machine)

$70,000 - $18,000 + 0.3($18,000 - $32,000)

$70,000 - $18,000 + (0.3 × $-14,000) = $47,800

I hope my answer helps you

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____ materials are materials that are no longer serviceable, have been discarded, or are a by-product of the production process.
alexgriva [62]

Answer:

Scrap

Explanation:

The scrap material is that material that is not usable for the or the services are no longer available and these products are not used so far for the production process. It is totally and completely discarded and used as a by product production process

Hence, the correct option is scrap

And all other options are wrong and incorrect

4 0
3 years ago
On December 30, 2019, Whitney sold a piece of property for $85,000. Her basis in the property was $40,000, and she incurred $1,2
vlabodo [156]

Answer:

Under the installment sales method, the total contract price is $85,000

gain on the sale is $58,800 ( 85,000 + 15,000 - 40,000 - 1,200)

and the amount of gain reported in 2018 is $3,459.

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Zeke's Zipline Adventures sold a bus used in the business for $16,000. Zeke's original cost of the bus was $15,000 and the adjus
elena55 [62]

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Explanation:

6 0
3 years ago
Which security procedure is being demonstrated if an administrator is using Wireshark to watch for specific inbound and outbound
REY [17]

Answer:

The correct answer is firewall monitoring.

Explanation:

Only implementing the necessary security tools (Firewall and other security devices) in itself will not secure your network, since the security data of the tools should be analyzed and the security information extracted should be informed or alerted to ensure that the network is secure. Therefore, the analysis of Firewall logs and other logs of security devices is vital to network security.

Firewall logs provide a lot of information about security threats attempts at the periphery of the network and about the nature of incoming and outgoing traffic from the firewall. The analyzed firewall log information provides administrators with real-time data about security threats attempts so that they can quickly initiate a remediation action. It allows you to plan your bandwidth requirement based on its use in all firewalls. The analysis of firewall security logs plays an important role in the assessment of business risks. The analysis of firewall traffic logs is vital to understand the use of bandwidth and network. OpManager, in addition to monitoring the network, also analyzes firewall logs and offers many features that help in the collection, analysis and generation of reports about firewall logs.

5 0
3 years ago
Wild Swings Inc.’s stock has a beta of 2.5. If the risk-free rate is 6% and the market risk premium is 7%, what is an estimate o
Bess [88]

Answer:

r = 0.235 or 23.5%

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

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r = 0.06 + 2.5 * 0.07

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3 0
3 years ago
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