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
Simora [160]
3 years ago
9

Dixie Chicken is about to close one of its fast food franchises. As part of the closing, the firm will sell a refrigeration unit

and its cooking units. The book value of the refrigeration unit is currently $18,203.00, while the book value of the cooking unit is $3,713.00. A buyer has offered $12,454.00 for the refrigerator and $6,116.00 for the cooking unit. The tax rate facing the firm is 35.00%. What is the cash flow from selling these assets
Business
1 answer:
sp2606 [1]3 years ago
4 0

Answer:

$19741.10

Explanation:

Cash flow from the sale = salvage value - tax(salvage value - book value)

Salvage value is the price at which the asset is sold

The refrigerator : $12,454.00 -0.35($12,454.00 - $18,203.00) = $14,466.15

$6,116.00 - 0.35($6,116.00 -  $3,713.00) = $5274.95

Total cash flow = $5274.95 + $14,466.15 = $19741.10

You might be interested in
The primary purpose of the requirements analysis phase is to ________. eliminate obviously nonsensible projects before forming a
gavmur [86]
<span>The primary purpose of the requirements analysis phase is to determine and document the specific features and functions of the new system. It does not eliminate obviously nonsensible projects before forming a project development team. Identify the requisite skills needed or show personnel assigned to the project or investigates how much similar projects have cost in the past.</span>
5 0
3 years ago
Is a private switch that accepts and interprets both analog and digital voice signals?
morpeh [17]
<span>IP-PBX Internet Protocol Private Branch Exchange is a system used to allow switching between Voip and local landlines while maintaining open lines on each phone. An IP-BPX system can switch between VoIP and landline calls or between 2 landline calls. </span>
3 0
3 years ago
When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility o
andreev551 [17]

Answer:

The correct answer is letter "D": straight line.

Explanation:

Utility represents the satisfaction a person receives from the use of a good or service. In case there is a risk-neutral decision-maker, that individual is unlikely to vary the value he or she provides to the use of products to remain in a comfort zone. However, the utility could vary according to satisfaction the good or service provides in different situations.

Thus, if plotted in a graph, <em>the value representing the horizontal axis and the utility the vertical axis, there will be a straight line departing from the horizontal axis parallel to the vertical axis.</em>

7 0
3 years ago
Being aware of your expectations is an example of a. For introducing mindfulness to young children
ohaa [14]

Being aware of one's expectations is to keep them in check and to ensure that they are realistic. This is one of the ways to practice <u>Effective Parenting.</u>

<h3>Dangers of Unrealistic Expectations</h3>

Some of the dangers of unrealistic expectations are:

  • Friction
  • misunderstandings
  • frustrations
  • damage to the self-esteem of the kids and stifle healthy mental development of the kids

See the link below for more:
brainly.com/question/5345351

8 0
2 years ago
Tolino Company signed a 5-year note payable on January 1, 2019, of $200,000. The note requires annual principal payments each De
konstantin123 [22]

The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600

<u>Explanation:</u>

Given data:

amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years

the following calculation is made in order to find out the amount of interest:

Amount of note minus principal payment multiply with rate of interest

now, putting the figures in formula:

interest = 200000 minus 40000 = $160000 multiply with .06 = $9600

Thus, the interest amount = $9600

The interest expense will be debited with an amount of $9600 in the books of accounts.

8 0
3 years ago
Other questions:
  • The panic of 1819:
    15·1 answer
  • Lucy and Fred want to begin saving for their baby's college education. They estimate that they will need $120,000 in eighteen ye
    6·1 answer
  • Below are several amounts reported at the end of the year. Currency located at the company $ 1,050 Supplies 3,200 Short-term inv
    6·1 answer
  • A new technology is announced which allows manufacturers to produce widgets for less. Widgets are a key input in the production
    13·1 answer
  • If menu costs were​ eliminated, the​ short-run aggregate supply curve will be
    14·1 answer
  • When buying component parts, risk does not include:?
    6·1 answer
  • Discuss the following statement: "Real GDP has decreased for two quarters in a row; we definitely are living through a contracti
    15·1 answer
  • True or false: A decision tree is an analytical tool that can help managers to understand the possible consequences of their dec
    6·1 answer
  • Rossdale Co. stock currently sells for $69.35 per share and has a beta of .90. The market risk premium is 7.30 percent and the r
    7·1 answer
  • A broker has an exclusive right-to-sell listing on a building. An offer to purchase the building is received while the owner is
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!