Answer:
c. forget the repairs and sell the house as it is for $250,000.
Explanation:
The best option from the shown is to foget about the repairs and directly seel it at $250,000 because that leaves her with a loss of $50,000 instead of a $60,000 loss on her money, that is the best option financially. Also as the time passes the plan for the creation of the landfill downstreet will become more and more known and the value could decrease more.
Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
a Depreciation expense $4,070
To Accumulated Depreciation $4,070
(Being the depreciation expense is recorded )
b. Cash $21,900
Accumulated Depreciation $40,340 ($36,270 + $4,070)
Loss on sale of equipment $14,540 (Balancing figure)
To Equipment $76,780
( To record the sale of equipment )
Only these two entries are recorded)
Answer:
EBIT 138,000
taxes 55,200
net income 82,800
OCF 182,600
depreciation tax-shield 39,920
Explanation:
Sales 660,000
Cost (422,200)
Depreciation <u> (99,800) </u>
Earnings
before interest 138,000
and taxes
Taxes 138,000 x 40% = (55,200)
Net Income 82,800
Operating Cash flow
net income + deprection = 82,800 + 99,800 = 182.600
depreciation tax-shield 99,800 x 40% = 39,920
as the depreication is an accounting method to extend the impact of an already incurred cost (acquisition of amchinery and other long-term asset ) It do not involve cahs outflow thus, makes increase the operating cashflow and makes the tax expense to decrease as well.
Answer:
Junk food is shortens your time on earth please stop eating junk food
Answer:
the internal failure will be $17,000 decrease