Answer:
E. $131667.47
Explanation:
For computing the after-tax salvage value , we need to do the following calculations:
1. Determine the book value:
= (Original cost of equipment) - (original cost of equipment × depreciation percentage for four years)
= ($697,400) - ($697,400 × 82.72%)
= $697,400 - $576,889.28
= $120,510.72
2. Determine the profit or loss on sale of equipment:
Profit = Sale value - Book value
= $135,000 - $120,510.72
= $14,489.28
3. Determine the tax on profit on sale of equipment:
= Profit × tax rate
= $14,489.28 × 23%
= $3,332.53
4. Now finally calculation of the after-tax salvage value is shown below:
= Salvage value - profit tax
= $135,000 - $3,332.53
= $131667.47
Answer:
$201,000
Explanation:
The computation of net cash flows from operating activities is shown below:-
Beginning Total Assets $570,000
Ending total assets $770,000
Average Total Assets in use $670,000
($570,000 + $770,000) ÷ 2
Cash return on Asset 30%
Cash Flow from operating activities
Average Assets × 25% $201,000
($670,000 × 25%)
Therefore the Cash Flow from operating activities is $201,000
Based on Raph's stable gross monthly income, the maximum total debt allowed per month is<u> $1,044</u>
Most conventional lenders prefer to lend to a person whose debt to income ratio is 36% and below.
Ralph's maximum debt allowed is therefore:
<em>= Debt to income ratio x Stable gross income </em>
= 36% x 2,900
= $1,044
In conclusion, Ralph's maximum debt is $1,044
Find out more about debt to income ratio at brainly.com/question/24814852.
Answer :
Exxon
Explanation :
It Would Most Definitely want Exxon. with 200 shares of Penny's Pickles You Only have 2%. Exxon You'd Have Around 3.5 %
