1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alik [6]
3 years ago
6

l a fixed asset for $72,376 when its book value is $43,070. If your company's marginal tax rate is 25 percent, what will be the

after-tax cash flow of this sale?
Business
1 answer:
tiny-mole [99]3 years ago
4 0

Answer:

Cash flow= $64,847

Explanation:

Giving the following information:

Sellin price= $72,376

Tax rate= 25%

Book value= $43,070

<u>First, we need to calculate the gain from the sale and the tax:</u>

Gain= 72,376 - 43,070= $29,036

Tax= gain*tax rate

Tax= 29,036*0.25= $7,259

<u>Now, we can calculate the after-tax cash flow:</u>

<u></u>

Gain= 29,036

Tax= (7,259)

Book value= 43,070

Cash flow= $64,847

You might be interested in
Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clie
USPshnik [31]

Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vita link company is an advertising agency.

Advertising agencies work with businesses to design and execute advertising campaigns and measure their success. You can also oversee promotions, branding, and marketing strategies.

The Big Five Advertising Agencies consist of WPP plc, Omnicom Group, Publicis, Interpublic Group of Companies, and Dentsu. Global advertising spending exceeded $563 billion in 2019. North America is the largest investor in this sector, followed by Asia and Western Europe.

External companies are known as advertising agencies. Examples of international advertising agencies are WPP and Omnicom Group.

Learn more about advertising agencies here: brainly.com/question/15611949

#SPJ4

3 0
1 year ago
Manten is a popular brand of hiking boots. Its advertisements emphasize the experience of conquering unfamiliar terrain in the w
Helga [31]

Answer: Transformational advertising  

Explanation:

From the given case/scenario, we can state that this approach is an example of Transformational advertising. Transformational advertisement is referred to as or known as advertising which tends to associate experience of consuming advertised brand in association with unique parts of the psychological characteristics that are not typically associated with brand or the experience.

3 0
3 years ago
What was ireland's greatest export during the 1840s?
Viefleur [7K]
People was the greatest export
8 0
2 years ago
Read 2 more answers
An ever-expanding variety of goods and services are in demand by consumers all around the world. given the importance of world t
Vlada [557]

An ever-expanding variety of goods and services are in demand by consumers all around the world. given the importance of world trade, countries are inclined to attempt to control the trade for their own benefit.

The General Agreement on Tariffs and Trade is now administered by the World Trade Organization. The International Court of Justice is composed exclusively of U.S. judges. The Dispute Settlement Body of the World Trade Organization (DSB) is a bona fide court.

International trade allows countries to expand their markets and gain access to goods and services that were not available domestically. World trade has made the market more competitive. This ultimately leads to more competitive pricing and consumers get cheaper products.

Learn more about world trade at

brainly.com/question/13422134

#SPJ4

6 0
1 year ago
Freitas Corporation was organized early in 2021. The following expenditures were made during the first few months of the year: A
goldfiish [28.3K]

Answer:

Dr Organization costs ($12,000 + $3,000) 15,000

Dr Patent ($20,000 + $2,000) 22,000

Dr Equipment 30,000

Dr Preopening expenses 40,000

    Cr Cash 107,000

Explanation:

Organization costs are the initial costs incurred to start a business. They include attorney fees, and any other legal and registration fees required by both municipal state and federal government.

Any fees related to the purchase of the patent, e.g. commissions paid or attorney fees must be included in the purchase cost of the patent.

8 0
3 years ago
Other questions:
  • Junk bonds are offered at higher interest rates than government bonds or corporate bonds with good ratings.
    5·1 answer
  • An annuity will pay $1000 per year for 10 years, starting five years after today. What is the present value (PV) of this annuity
    12·1 answer
  • Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 $ 260,000 Accounts Rec
    11·1 answer
  • Consumer preferences for alternative product concepts can be measured through ________, a method for deriving the utility values
    12·1 answer
  • The economic insight in the text referred to “free” air. what was the point of the insight?
    6·2 answers
  • A firm has a Cobb-Douglas production function for its inputs of capital and labor. The firm is currently paying $4 per labor hou
    12·1 answer
  • In contrast to __________ interactions, which allow the firm to gain insights on the needs of a particular customer, ___________
    13·1 answer
  • On December 31, Cruise Company has 18,000 units of an inventory item, which cost $46 per unit when purchased on June 15. The sel
    9·1 answer
  • Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube Company is a se
    5·1 answer
  • rapidly rising u.s. health care costs have: group of answer choices forced the growth of wages to keep pace. done all of these.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!