Three-year property class type equipotent

Assignment Help Business Economics
Reference no: EM13976913

Three-year property class type equipotent bought for $30,000 is being disposed of $20,000 at the end of three years. The company is at a 35% tax bracket. Compute the tax consequence, if any for this equipment.

Reference no: EM13976913

Questions Cloud

Entering the foreign market : Write a one page essay wherein you choose a nation state in which you would like to do business. In your essay describe the problems you might encounter in entering the foreign market and in running your business there.
What effect does the choice of a model have on managerial : What effect does the choice of a model have on managerial authority and control? Would there be a greater or fewer number of managers in one model versus the other?
Consumer price index : In January 1991 the Consumer price index (CPI) was 134.6. In October 2015 (the November CPI is not yet available, so use the October CPI for this problem) the CPI was 237.8. Using January 1991 as the base period, what was the real (inflation-adjusted..
What is the magnetic field strength : A 9.0A current is charging a 0.70 -cm-diameter parallel-plate capacitor. What is the magnetic field strength at a point 2.5mm radially from the center of the wire leading to the capacitor?
Three-year property class type equipotent : Three-year property class type equipotent bought for $30,000 is being disposed of $20,000 at the end of three years. The company is at a 35% tax bracket. Compute the tax consequence, if any for this equipment.
Depletion charges using the percentage depletion method : Determine the depletion charges using the percentage depletion method for the first year only for a coal mine. The applicable rate for the percentage depletion method is 12%. Cost to acquire mine rights = $50,000
What is a knowledge worker : What is a knowledge worker? What HRM changes can be expected in dealing with knowledge workers with respect to recruiting, selection, motivation, and work/life issues?
Homogeneous product from one of two firms : A risk-neutral consumer is deciding whether to purchase a homogeneous product from one of two firms. One firm produces an unreliable product and the other a reliable product. At the time of the sale, the consumer is unable to distinguish between the ..
Natural rate and the economy is at an inflation rate : Suppose the unemployment is above the natural rate and the economy is at an inflation rate. How does the economy return to the natural rate of unemployment if this lower inflation rate persists?

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the average per capita gdp growth rate

In 1980, per capita GDP of Rwanda was about $728 and in 2010 about $1,025. Calculate the average per capita GDP growth rate of Rwanda from 1980 to 2010.

  Suppose the consumption expenditure

Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y. Calculate the equil..

  What would you charge private pay patients

Your dental clinic provides 3,000 exams for private pay patients and 1,000 exams for members of a union. Your fixed costs are $50,000 and your incremental cost is $40. If the union negotiated a fee of $45 instead, what would you charge private pay pa..

  Q1 why was the teamsters union so opposed to allowing

q1. why was the teamsters union so opposed to allowing mexican truckers to deliver their goods in the united states? as

  Solve for the market price at the cournot-nash equilibrium

Derive firm ones and firm twos best-response functions. Illustrate and solve for the output levels that constitute the Nash equilibrium. Solve for the market price at the Cournot-Nash equilibrium. Solve for firm-one and firm-two profits at the Courno..

  Through the use of strategic alternatives

Through the use of strategic alternatives, companies may compete in a marketplace, achieve its vision, or if no vision has been articulated, decide where it might go and what it might achieve. Strategic alternatives do not consist solely of strategie..

  What can a manager do to overcome this problem

When a worker announces that she plans to quit, say next month, the threat of being fired is generally not credible. The worker may find it in her interest to shirk. What can a manager do to overcome this problem?

  What is effective rate of protection for steel industry

Suppose that it take $100,000 of steel to produce $2,000,000 of cars. If the nominal tariff on steel is 10% for the steel and 20%for cars, what is the effective rate of protection for the steel industry?

  Equivalent variation of your companys compensation plan

Assume that in your first job after graduating from college you live in a city where the price of food is PF and the price of housing is PH. You consume F1 of food and H1 of housing per year. Using both your graph and a written explanation describe h..

  What is net present worth for this new computer system

Kermit is considering purchasing a new computer system. The purchase price is $129,090. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payments o..

  What is the banks current reserve ratio

Spartan Town Bank is the only bank in town when it comes to borrowing or depositing. You may also assume it’s the only bank in the economy. Initially, it holds $4000 worth of checking (or demand) deposits, $1000 of reserves, and $3000 of loans. Const..

  Price level decreases

As the U.S. price level decreases, other things equal, U.S. products become

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