What are the after-tax proceeds from the sale

Assignment Help Finance Basics
Reference no: EM13266426

Zippy Corporation just purchased computing equipment for $24,000. The equipment will be depreciated using a five-year MACRS depreciation schedule. If the equipment is sold at the end of its fourth year for $14,200, what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent.

Reference no: EM13266426

Questions Cloud

Find the probability that the headquarters is destroyed : Suppose that independent missiles A, B, C have probabilities .4, .5, and .6 of hitting the enemy's headquarters, respectively. Assume that the enemy's headquarters will be destroyed with a probability .3,
What was your real return : Say you own an asset that had a total return last year of 12.0 percent. If the inflation rate last year was 7.5 percent, what was your real return?
Explain core electrons decrease the nuclear charge felt : The effective nuclear charge is approximated as the total nuclear charge minus the number of core electrons. Thus, effectively, core electrons decrease the nuclear charge felt by the valence electrons because they are between the nucleus and the v..
How much total power in watts composite resistor dissipate : Given that each individual resistor can dissipate up to 1 watt of power before burning up, how much total power in watts ( W ) can the smallest-valued composite resistor dissipate before burning up
What are the after-tax proceeds from the sale : Zippy Corporation just purchased computing equipment for $24,000. The equipment will be depreciated using a five-year MACRS depreciation schedule.
State what is the ph of a solution prepared : What is the pH of a solution prepared by dissolving 0.10 mol sodium acetate and 0.20 mol of acetic acid in enough water to make 2.0 L? Ka= 1.75 *10^-5
What will be the value of the equity : What will be the value of the equity if the firm repurchases all of its debt and raises the funds to do this by issuing equity? Assume that all of the assumptions in Modigliani and Miller's Proposition 1 hold.
Explain liquid has the higher surface tension and viscosity : one beaker contains pure water and the other beaker contains pure methanol at the same temperature. Which liquid has the higher surface tension and viscosity
Determine the minimum thickness of this coating : You are applying a anti reflecting coating to your plane. You don't want to be seen by radar which uses 'light' of wavelength 2cm. determine the minimum thickness of this coating

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