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weeeeeb [17]
2 years ago
7

A project has sales of $600,000, costs of $366,500, depreciation of $34,500, interest expense of $5,500, and a tax rate of 21 pe

rcent. What is the value of the depreciation tax shield?
Business
1 answer:
Serjik [45]2 years ago
6 0

Answer:

$7,245.00

Explanation:

Calculation for the value of the depreciation tax shield

Using this formula

Depreciation tax shield Value =Depreciation*Tax rate

Let plug in the formula

Depreciation tax shield Value = $34,500 × .21

Depreciation tax shield Value = $7,245.00

Therefore the value of the depreciation tax shield will be $7,245.00

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d. Hexagon Inc. cannot be challenged in a court even when it fails to follow up on its promises.

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The cost of a high-quality 250-horsepower compressor was $13,500 when recently purchased. What would a 608-horsepower compressor
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2 years ago
View each of the below-listed provisions that are often contained in bond indentures alone. Which of these provisions would tend
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2 years ago
Approximately what percentage of the u.s. public debt is held by foreign individuals and institutions (2015)?
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2 years ago
Handy Man, Inc., has zero coupon bonds outstanding that mature in eight years. The bonds have a face value of $1,000 and a curre
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5.657%

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