User Account

All Pages

Tax implication on the sale of the new machine

Assignment Help Basic Computer Science
Reference no: EM132431148

Problem: A machine will reach the end of its useful life in year 5. The realizable salvage value is expected to be $50,000 with a book value of zero. The company's marginal tax rate is 34%.

Required:

Question: What is the tax implication on the sale of the new machine at year 5? The answer is tax liabilities of $17,000, what mathematical equation is used to get the $17,000 answer?

Reference no: EM132431148

Questions Cloud

Revaluation of the intangible assets copyright : How is the revaluation of the intangible assets copyright and trademark recorded, along with the amorization adjustment? Please explain your solution in detail.
What is the ending inventory balance : The firm uses the periodic system, and there are 28 units of the commodity on hand at the end of the year. What is the ending inventory balance
What is the highest price broker should be willing to pay : What is the highest price the broker should be willing to pay for the stock?
What can do as a counselor to help clients develop : What can you do as a counselor to help clients develop the support that they need to continue the progress they have made in therapy?
Tax implication on the sale of the new machine : What is the tax implication on the sale of the new machine at year 5? The answer is tax liabilities of $17,000, what mathematical equation is used
Modern organizations and healthcare : What would you do to prepare for a vaccine shortage? How would you forecast the vaccine needs for the local community?
Cost of converting to electric vehicles : Do you think UPS will capitalize or expense the cost of converting to electric vehicles?
Action Planning Practice Exercise Assignment : Action Planning Practice Exercise Assignment help and solutions:-What problems might you encounter in carrying out this action plan
Compute the present value of bond : Consider a 10-year, semi-annual interests, $1,000 face value bond. Its annual coupon rate is 6%, but investors in the market want 9% yield to maturity.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd