Explain how the estimated salvage is treated using MACRS

Assignment Help Business Economics
Reference no: EM13978025

A company just purchased a new machine, which has a first cost of $320,000. Salvage is estimated at $75,000. Use both SL and MACRS depreciation over a 7-year recovery period, determine the depreciation charge and the book value for year 5,. Explain how the estimated salvage is treated using MACRS.

Reference no: EM13978025

Questions Cloud

The age distribution of students at a community college : The age distribution of students at a community college is given below:Age in Years Number of Students (f)
What is the work done on the ball by the gravitational force : You throw a 0.27-kilogram ball straight up. If the ball reaches a height of 146 cm, what is the work done on the ball by the gravitational force?
Which ball hits the ground with the greatest speed : Ball A is launched 45 degrees above the horizontal, Ball B is launched 45 degrees below the horizontal, and Ball C is launched horizontally. Which ball hits the ground with the greatest speed?
Discussed in class several of the dependent variables : We discussed in class several of the dependent variables that need to be considered when managing people (performance, job satisfaction, turnover, absenteeism, organizational citizenship behavior, deviant workplace behavior). Select two of these and ..
Explain how the estimated salvage is treated using MACRS : A company just purchased a new machine, which has a first cost of $320,000. Salvage is estimated at $75,000. Use both SL and MACRS depreciation over a 7-year recovery period, determine the depreciation charge and the book value for year 5,. Explain h..
Free market or protectionism : Evaluate the arguments for and against protection and state which one (free market or protectionism) is more beneficial to a country.
What the name and introduction process of original policy : Select a specific federal healthcare policy (other than the Affordable Care Act) to review. Provide information related to the following points: What was the name and introduction process of the original policy? What research was conducted and/or a..
What does the slope for the regression model represent : What does the slope for the regression model represent? How well does the model represent the relationship between the variables?
Calculate the torque required to produce the acceleration : Torque on a Merry-Go-Round. Calculate the torque required to produce the acceleration, neglecting frictional torque. What force is required?

Reviews

Write a Review

Business Economics Questions & Answers

  Basil robekins has an idea

Basil Robekins has an idea for a new type of ice cream cone made from candy bars (like Butterfinger, etc.). He thinks his normal customers will buy more often because they can pick and choose from over 31 different candy bars and won't get bored with..

  Compute the revised slope

Compute the revised slope of the AE cure and the multiplier when you know that the imports and the marginal tax rate

  Principle in economics

A Pizzeria owner discovers that he hisres an additional pizza cook . he can sell another 40 pizza a day. this is an example of the ____ principle in economics.

  Illustrate what alternative decisions might you be able

Illustrate what alternative decisions might you be able to make in the long run. Explain" "Clearly explain the factors to consider as your "fixed factor".

  What is the percent value of the bond in absence

What is the percent value of the bond in the absence of inflation if the market interest rate is 8%? (b) What would happen to the value of the bond if the inflation rate over the next five years is expected to be 3%?

  What amount two transactions add to personal consumption

What amount would these two transactions add to personal consumption expenditures and thus to GDP during the year?

  Calculate the firms marginal and average cost functions

The demand function for a firm’s product is Q(P) = 50-P/10. The firm’s cost of production is C(Q) = Q^3-20Q^2+125Q. The firm’s problem is to choose the value of Q≥0 that maximizes its profit. Calculate the firm’s inverse demand function. Calculate th..

  Explain the pros and cons of the self correcting economy

Rather than the short run effects of decreasing government spending, allow a self correcting economy to bring the model back to equilibrium, the government decides to act to eliminate the output gap through monetary policy. Explain how the government..

  What type of preferences is carl exhibiting

Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always wiling to exchange three black shirts for one red shirt. What type of preferences is Carl exhibiting? Draw several indifference curves to illustrate C..

  About the demand for the three popular game consoles

Think about the demand for the three popular game consoles: XBox, PS3, and Wii. In each of the scenarios below, briefly describe the effect on (a) the demand for XBox games and (b) the quantity of XBox games demanded

  Qstart at the original correct equilibrium cost and

q.start at the original correct equilibrium cost and quantity in part a. assume which the government wishes to decrease

  The assignment is to determine the same information on the

the assignment is to determine the same information on the demand for gasoline tab using the information in the example

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