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
Keith_Richards [23]
3 years ago
11

2. Your company has to liquidate some equipment that is being replaced. The original cost of the equipment is $100,000. The firm

has deprecated 65% of the original cost. The salvage value of the equipment today is $50,000. The firm has a tax rate of 30%. What is the equipment’s after-tax net salvage value? Please show your work.
Business
1 answer:
ira [324]3 years ago
7 0

Answer: $45,500

Explanation:

Cost of equipment = $100,000

Less: Depreciation = 65% × $100,000 = $65,000

Book value = $35000

Less: Savage value = $50,000

Loss on sale = $15000

Less: Tax Payable = 30% × $15000 = $4500

After tax Savage value = $50000 - $4500 = $45,500

You might be interested in
Based on the corporate valuation model, gray entertainment's total corporate value is $1,150 million. the company's balance shee
vagabundo [1.1K]

Answer:

$26.67 million

Explanation:

The computation of price per share is shown below:-

Total market value = $1,150 million + $120 million

= $1,270 million

Market value of equity = Total market value - value of debt - value of preferred stock

= $1,270 million - ($120 million + $300 million + $50 million)

=  $1,270 million - $470 million

= $800 million

Price per share = Market value of equity ÷ Stock outstanding

= $800 million ÷ $30 million

= $26.67 million

5 0
3 years ago
Jim is CEO for a company that produces filing cabinets and office furniture. He uses when determining that in order to increase
Anon25 [30]

Answer:

planning

Explanation:

Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.

3 0
3 years ago
Yvonne knows her firm must look at everything it does from a consumer's point of view. One major difficulty is that consumers' _
hram777 [196]

Answer:

Needs, wants, and ability to purchas

Explanation:

There is no reason to focus on consumer needs thousands of years ago. But we can say that technological advances and communication are wreaking havoc in this regard. Trends and fashions mark each day more than we want to obtain, consume and buy. And that has multiplied by a thousand in the last hundred years

3 0
3 years ago
Questioñ 2 (1 point)
BlackZzzverrR [31]

Answer:

business, management, and administration cluster

Explanation:

Business Management and Administration Career Cluster emphases on careers in planning, organizing, directing, and evaluating business functions.

8 0
3 years ago
Assess how Wal-Mart is managing ethics and social responsability as one of thé largest corporations in the world
timofeeve [1]

Answer:

Wal-Mart has taken revolutionary steps over the years to start econ friendly activities to promote ethics and social responsibility.

Explanation:

Wal-Mart began to take initiatives to address global impacts and embraced a sustainability program. It concentrated on redoing everything, and the main centre was to be Eco-friendly. There were original and inventive techniques received by the organisation, including building a solar panel to the stores. There was likewise establishment of innovations to use less fuel and electricity.

6 0
3 years ago
Other questions:
  • What does it mean to adopt a maturity matching approach to financing assets, including current assets? How would a more aggressi
    8·1 answer
  • Describe the purpose of the SEC.
    14·1 answer
  • Which of the following competitors mentioned in the textbook should the owner of a Wendy's restaurant monitor closely due to its
    15·1 answer
  • How do make a good business?
    10·2 answers
  • In planning for a crisis, the leader has to focus on five integrated tasks. These tasks include all of the following EXCEPT: a.
    5·1 answer
  • 225,000 cartons of machine screws per year to support its manufacturing needs over the next seven years, and you've decided to b
    5·1 answer
  • Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?
    15·1 answer
  • Cavan Company prepared the following reconciliation between book income and taxable income for the current year ended December 3
    7·1 answer
  • How to choose the answer .
    15·2 answers
  • Joe, a plumber, borrowed money from a friend who is now insisting that Joe repay the money. Joe does not have the money but has
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!