If the tax rate is 40 percent what is the aftertax salvage

Assignment Help Finance Basics
Reference no: EM13570137

An asset used in a four-year project falls in the five-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $8,600,000 and will be sold for $1,900,000 at the end of the project.

If the tax rate is 40 percent, what is the aftertax salvage value of the asset?

Reference no: EM13570137

Questions Cloud

To save for her newborn sons college education lea wilson : to save for her newborn sons college education lea wilson will invest 1000 at the beginning of each year for the next
Under both us and ifrs which one of the following items is : under both u.s and ifrs which one of the following items is reported separately in the income statement net of tax? a.
The purchasing department buys the quantities of raw : costello corporation manufactures a single product. the standard cost per unit of product is shown below.direct
Philly construction specializes in designing and building : philly construction specializes in designing and building custom homes. business has been excellent and it projects a
If the tax rate is 40 percent what is the aftertax salvage : an asset used in a four-year project falls in the five-year macrs class macrs table for tax purposes. the asset has an
Why do we focus on cash flows rather than net income in : why do we focus on cash flows rather than net income in capital budgeting? is operating cash flow the same as ebitda
Marsden manufactures a cat food product called special : 1 under absorption costing a company had the following unit costs when 13500 units were produced.direct labor 11.25
From the first e-activity below discuss the possible future : social stratification please respond to the followingbullfrom the first e-activity below discuss the possible future
A company has paid an annual dividend of 2 per share for : a company has paid an annual dividend of 2 per share for some time. recently the board of directors voted to grow the

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