Find the depreciation charge-talia tutus

Assignment Help Business Management
Reference no: EM132685066

Talia's Tutus bought a new sewing machine for $55,000 that will be depreciated over 5 years using double-declining-balance depreciation with a switch to straight-line.

Required:

a. Find the depreciation charge each year.

b. If the sewing machine is sold after 3 years for $25,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%?

Find the depreciation charge each year.

If the sewing machine is sold after 3 years for $25,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%?

Reference no: EM132685066

Questions Cloud

What is the pv of the future salary payments : If Mike saves 5% of his salary each year and invests these savings at an interest rate of 8%, how much will he have saved by age 60?
Make stock listed on the balance sheet was issued : Loudoun Corporation's balance sheet reflected the following information. Make stock listed on the balance sheet was issued in a single transaction.
Explore the features of different businesses and analyse : Explore the features of different businesses and analyse what makes them successful - difference between for-profit and not-for-profit businesses
Determine the warranty liability and expense amounts : Determine the warranty liability and expense amounts for 2020. Round all values to the nearest dollar. Payments for completed warranty repairs are paid in cash.
Find the depreciation charge-talia tutus : Talia's Tutus bought a new sewing machine for $55,000 that will be depreciated over 5 years using double-declining-balance depreciation with a switch to straigh
What is the value of the factory : A factory costs $410,000. You forecast that it will produce cash inflows of $125,000 in year 1, $185,000 in year 2, and $310,000 in year 3. The discount rate is
How much interest would have been in the account : How much interest would have been in the account at the end of the 22 years? A regular deposit of $120 is made at the beginning of each year for 20 years
What is the irr of the investment : If you insulate your office for $15,000, you will save $1,500 a year in heating expenses. These savings will last forever.
Various exchange-hedging instruments and techniques : Evaluate the advantages and disadvantages of various exchange-hedging instruments and techniques. Distinguish financial from nonfinancial risk management approa

Reviews

Write a Review

Business Management Questions & Answers

  Revealing all e-mail addresses to entire group of recipients

Owen is sending an e-mail message to a list of receivers. What is the most efficient way he can send the same message but avoid revealing all e-mail addresses to the entire group of recipients?

  Awarding salary increases

Because pay for performance is an important factor governing salary increases, managers must be able to defend the compensation recommendations

  Entryway into its bank of atm machines

Wingard Credit Union is redesigning the entryway into its bank of ATM machines. Management is trying to conceptually understand the interarrival of?

  Discuss the challenges IT divisions face

Discuss the challenges IT divisions face in achieving regulatory compliance. Develop a broad vision, an architecture,

  Problem regarding the impact compensation planning

There are many laws which impact compensation planning. Write a brief narrative in about 250 - 350 words which describes which federal law having the greatest effect on your organization's compensation plan?

  Vandalism when opening a restaurant

List 10 potential (pure risk) perils you may face other than fire, flood, and vandalism when opening a restaurant/ bar.

  How organizations balance host-country income tax different

How should organizations balance host-country income tax differentials? How do compensation plans affect employees' willingness to accept foreign assignments?

  What are the implications of price escalation

Propose scenarios in which export prices are higher/lower than domestic prices.- What are the implications of price escalation?

  What is a value proposition

Explain what is meant by positioning as a product-selling strategy. What is a value proposition? Why have salespeople assumed an important role in positioning products?

  Effective leadership and organizational behavior

Your final paper will be a research project of your choice relating to the topic of effective leadership and organizational behavior. You will have significant freedom in your choice of a topic. The following are topic examples:

  How positive leadership reduce employee resistance to change

Discuss how positive leadership reduces employee resistance to change. Discuss how positive leadership leads to employee engagement during times of change.

  Scientific management theorists

Compare how early scientific management theorists and behavioural science theorists might react to the increased use of teams in contemporary organisations.

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