Keep after taxes when the property is sold in four years

Assignment Help Financial Management

Reference no: EM131584381

Your company bought some property in Colorado for $175,000. Of the $175,000, $100,000 is depreciable buildings which will be depreciated over 10 years using SL with no salvage, the remaining $75,000 is for the land on which the building is located. Tax rates are 15% on capital gains and 36% on ordinary income. You plan to sell this property in four years. Estimated sale price then will be $310,000. How much will you get to keep after taxes when the property is sold in four years?

Reference no: EM131584381

Questions Cloud

How many armbands need to be grabbed : Some of the players decide to form temporary teams in an arbitrary way. They put royal blue and lime green armbands into a bag, and each player closes her eyes.

Identify areas of your recording that had errors : Identify areas of your recording that had errors, long pauses, or other audio issues, and then based on your evaluation.

Calculate standard deviation of the probability distribution : Calculate the mean and standard deviation of this probability distribution. Give a brief interpretation of the values of the mean and standard deviation.

State the null hypothesis and the alternative hypothesis : At the 0.100 level of significance, is that enough to conclude the residents of Wilmington, Delaware, have mroe income than the national average?

Keep after taxes when the property is sold in four years : Estimated sale price then will be $310,000. How much will you get to keep after taxes when the property is sold in four years?

Perfectly discriminating monopolist : In fact, a perfectly discriminating monopolist is able to charge each customer his exact (personal) reservation price for the item the monopolist sells.

Describe the target market for the otc : Describe the target market for the OTC and why this OTC would be applicable to your target market.

How many possible snack boxes are there : Let's generalize Problem to a regional Ultimate Frisbee tournament where there are n teams attending. Teams are assigned numbers (1 through n).

Large budget deficit in late 2009 and 2010 : Why did the government operate with such a large budget deficit in late 2009 and 2010?

User Account

All Pages