Find the depreciation charge year

Assignment Help Finance Basics
Reference no: EM132680034

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.

A. Find the depreciation charge each year

Year Depreciation

1 ?
2 ?
3 ?
4 ?
5 ?

B. If the sewing machine is sold after 2 years for $36,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%?

Reference no: EM132680034

Questions Cloud

Anti-federalists and the role of government : Federalists, Anti-Federalists and the Role of Government
Develop the repayment schedule : Yum Co, is a private-owned restaurant with a marginal tax rate of 25%, is considering borrowing $25 million to finance the construction of new restaurant facili
Which statements about research costs is not valid : Which statements about research and development costs is not valid? Find allocation of the cost of a wasting asset to future periods of benefit is termed
What are underlying causes of the dispute : State the nature of the collective bargaining dispute. What are the underlying causes of the dispute?
Find the depreciation charge year : Talia's tutus bought a new sewing machine for $55,000 that will be depreciated over 5 years using double declining balance
Differences in thinking based on worldview between the sexes : In 600 words Discuss differences in thinking based on worldview between the sexes and how it influences their understanding and perceptions of minorities.
Problem - Working capital and current ratio : Problem - Working capital and current ratio - Does the change in the current ratio from 2011 to 2012 indicate a favorable or an unfavorable trend
Explain about the supervisor and the act : Please explain about the supervisor (regulator) and the Act (legislations) that governs the financial institutions operations in China.
Explore the markets in europe : The company's shareholders and directors actually injected more capital into the company in order to explore the markets in Europe

Reviews

Write a Review

Finance Basics Questions & Answers

  How much would you have to invest yearly to fully fund

How much would you have to invest yearly to fully fund the annuity in 50 years, again assuming a 6 percent monthly compounding rate?

  What is the expected capital gains yield

The next dividend payment by Dizzle, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of 6.5 percent, forever.

  If the crash davis driving school has a 142 percent roe and

if the crash davis driving school has a 14.2 percent roe and a 25 percent payout ratio what is its sustainable growth

  What return will now be expected on the portfolio

Based on this change, what return will now be expected on the portfolio?

  Employee training and employee development

What is the relationship between employee training and employee development? Are both necessary within an organization?

  What effect does workplace violence and hostile environments

What effect does workplace violence and hostile environments have on an organization and its employees

  What is the required rate of return on b stock

Stock B's beta is 0.80. If the risk-free rate is 4.75%, what is the required rate of return on B's stock? (Hint: First find the market risk premium.)

  What is bram market beta

The average annual return of the market portfolio is 12.5%, with a standard deviation of 4%. The covariance of the returns is 28.8%%. What is Bram's market beta

  Organization incorporates ethical behavior and social

If an organization incorporates ethical behavior and social responsibility into its business model to boost financial results

  Capital continue to obtain resources through cash flow

Can a company that invests in projects on which the returns are lower than its cost of capital continue to obtain resources through cash flow?

  Traditional supply and demand models

Describe why one might want to rethink the traditional supply and demand models that help us understand why unemployment exists and how it might be reduced.

  Research analyst working for a top portfolio management firm

THE SITUATION: You are a Research Analyst working for a top portfolio management firm, "UMUC Portfolio Management" (in no way affiliated with the University of Maryland University College).

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