Calculate after-tax cash flow at disposal

Assignment Help Finance Basics
Reference no: EM131891015

Genetic Insights Co. purchases an asset for $15,308. This asset qualifies as a seven-year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, respectively. Genetic Insights has a tax rate of 30%. The asset is sold at the end of six years for $3,057. Calculate After-Tax Cash Flow at disposal. Round the answer to two decimals.

Reference no: EM131891015

Questions Cloud

Journalize the adjusting entries required at december : On December 31, the following data were accumulated for preparing the adjusting entries for Bellingham realty. Journalize the adjusting entries required
Determine profit from learning disability clinic visits : Determine Profit from Learning Disability Clinic Visits:
Describe law enforcement roles and responses : Describe law enforcement roles and responses. Analyze the different types of crimes on the World Wide Web involving victimization, sex crimes, and obscenity.
Determined that its optimal capital structure consists : A company has determined that its optimal capital structure consists of 40 percent debt and 60 percent equity.
Calculate after-tax cash flow at disposal : Calculate After-Tax Cash Flow at disposal. Round the answer to two decimals.
What are the terminal cash flows in year four : What are the Initial Cash Flows in Year 0? What are the Operating Cash Flows in Year 2? What are the Terminal Cash Flows in Year 4?
Markets required rate of return for the common stock : Assuming that return on invested capital is currently 11.5% and the constant long-term growth rate for the company is 7%.
Determining the market projected growth rate : The market anticipates that the company will pay dividends of $1.50 per share next year and return on equity has averaged 10%.
What is the adjusted book balance at the end of the month : Marjorie Company's cash balance per the books at the end of the month was $ 6,800. What is the adjusted book balance at the end of the month

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd