Show the depreciation and remaining book value

Assignment Help Financial Management
Reference no: EM132403128

Assignment

1. (Chapter 11) A company has purchased a backhoe for $120,000. The backhoe has a 6 year life and salvage value of $30,000. Compute the depreciation schedule using :

a. straight line depreciation

b. sum of years digits

2. (Chapter 11) An asset was purchased for $100,000. It has a 5 year life. The asset is expected to have a salvage value of $10,000 after the five years. Show the depreciation and remaining book value for this asset for each of the 5 years using Double Declining Balance depreciation.

3. (Chapter 11) Use MACRS to compute the depreciation schedule for office furniture purchased for $80,000 (use the 7 yr depreciation schedule). Assume salvage value is $10,000.

4. (Chapter 11) What is the book value at the end of year 3 of an asset purchased for $50,000, depreciated over 5 years and a salvage value of $10,000 using:

a. Straight Line Depreciation

b. MACRS (use 5 year depreciation schedule)

5. (Chapter 12) A California coprporation had a taxable income of $1,000,000 in 2018. What was:

a. the state income tax?

b. the federal income tax"

6. (Chapter 12) A company paid $200,000 for a machine to make a new product. The machine has a 5 year life and a salvage value of $20,000. The company makes $49,500 per year on the new product. Assuming a 31% tax rate and straight-line depreciation, what is the before tax and after tax rates of return on the investment over its 5 year life? (Do not interpolate. Round to the closest rate in appendix C of the book).

7. (Chapter 13) A $20,000 machine will be purchased by a company with an MARR of 10%. It will cost $5,000 to install and removal costs are insignificant. What is its economic life and minimum EUAC cost given the following O&M costs.

YR, n

O&M

1

$5,000

2

$8,000

3

$11,000

4

$14,000

5

$17,000

Reference no: EM132403128

Questions Cloud

Write a method that given an integer array : Write a method that given an integer array - determine whether an object a is less than, equal, or greater than another - Comparable interface
Why do we need an automated tool for sql injection : Write an essay discussing sqlmap, an automated tool for sql injection and database takeover. Why do we need an automated tool for sql injection?
Was the study experimental or observational : Was the study experimental or observational? Was the data collected cross-sectional or time series? Are the study data Ratio or Interval, Ordinal or Nomal?
How the article relates to the selected chapter key term : Using 300-350 words, write a brief discussion, in your own words of how the article relates to the selected chapter Key Term. A discussion is not rehashing.
Show the depreciation and remaining book value : EGR 310- An asset was purchased for $100,000. It has a 5 year life. The asset is expected to have a salvage value of $10,000 after the five years.
Demonstrating how the course research has connected : This assignment is a written assignment where students will demonstrate how this course research has connected and put into practice within their own career.
Software development policies in terms of security : Outline some of the software development policies in terms of security and discuss how it could be implemented in an organization.
Compare the costs of a typical ips to an idps : Using a Web browser, search on the term intrusion prevention systems. What are the characteristics of an IPS? Compare the costs of a typical IPS to an IDPS.
Write a academic paper that first identifies the threats : For this assignment, write a 5-6 page academic paper that first identifies the threats to IM use that the enterprise must defend against to keep.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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