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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

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alexandr402 [8]

Answer:

A) Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .50.

Explanation:

The computation of the impact is as follows:

The Debt equity ratio is

= Total liabilities ÷ total equity

Now

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= 0.62

And,

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So here as we can see that the debt equity would be improved from 0.62 to 0.50

Therefore the correct option is a.

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3 years ago
A brick fence straddles the property line of two neighbors. The neighbors agree not to damage it in any way. This is an example
Vadim26 [7]

Answer:

A party wall  

Explanation:

A party wall  

A Party wall which sometimes also called a parting wall is referred to that wall which is used or shared by both property owners.  The purpose of this wall is to separate the two adjoining owners, therefore, thickness varies from 9 to 12 inches. Party wall agreement need to signed between both sharing owners to make any repair work on the party wall.

4 0
3 years ago
A commercial bank buys a $50,000 government security from a securities dealer. the bank pays the dealer by increasing the dealer
stealth61 [152]

Answer:

Increased by $50,000

Explanation:

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Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.

3 0
3 years ago
Working as a team to design a skyscraper would most satisfy which of these personal benefits of work?
yulyashka [42]
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7 0
3 years ago
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