A large profitable corporation is considering adding some

Assignment Help Accounting Basics

Reference no: EM13593582

1.A large profitable corporation is considering adding some automated equipment costing $120,000. The equipment will produce an initial annual benefit of $29,000, but this is expected to decline $3000 per year. The corporation uses sum-of-years'-digits depreciation and estimates an eight year life and $12,000 salvage value for the equipment. If the corporation has a 46 percent combined state and federal tax rate and uses an after-tax MARR of 4 percent, what is the after-tax Annual Worth of the proposd investment?

2.A company just purchased a machine with initial cost of $88,366, annual operating cost of $17,623, useful life of 11 years and end-of-useful life savage value of $18,218. A fund is to be set up to replace the machine at the end of its 11 year useful life. To provide money for its replacment, a uniform annual deposit will be made to a fund. If the fund earns 10% annual interest, the annual deposit into the fund is Calculate your answers to the nearest cent.

Reference no: EM13593582

Questions Cloud

If you dilute 100 ml of the stock solution to a final : a how many milliliters of a stock solution of 6.0 m hno3 would you have to use to prepare 110 ml of 0.500 m hno3?b if

Calculate the interest expense that coley co will show with : coley co. issued 15 million face amount of 9 10-year bonds on june 1 2013. the bonds pay interest on an annual basis on

A sulfuric acid solution containing 5716 g of h2so4 per : a sulfuric acid solution containing 571.6 g of h2so4 per liter of solution has a density of 1.329 ggtcm3. calculate a

On january 1 2013 the balance in smith cos allowance for : on january 1 2013 the balance in smith co.s allowance for bad debts account was 4860. during the year a total of 11950

A large profitable corporation is considering adding some : 1.a large profitable corporation is considering adding some automated equipment costing 120000. the equipment will

I we covered inter-company accounting transactions as : in chapter four we covered inter-company accounting transactions as they pertain to merchandise plant assets notes and

You have been the partner in charge of the audit of pledge : you have been the partner in charge of the audit of pledge ltd for many years. you have never given a qualified audit

In 200 words or more discuss some of the issues that : in 200 words or more discuss some of the issues that accountants face after an investment has been acquired. one

Phil phoenix is paid monthly for the month of january of : phil phoenix is paid monthly. for the month of january of the current year he earned a total of 8288. the fica tax for

User Account

All Pages