What is the aftertax salvage value of the asset

Assignment Help Finance Basics

Reference no: EM13266283

An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $16,560,000 and will be sold for $3,680,000 at the end of the project.

Required:

If the tax rate is 33 percent, what is the aftertax salvage value of the asset?

Reference no: EM13266283

Questions Cloud

Explain what is the mass in grams of kbr : what is the mass in grams of A) 6.21 mol of KBr B) 10.2 mmol of PbO C) 4.92 mol of MgSO4 d) 12.8 mmol of Fe(NH4)2(SO)4 6H2)

Find the thermal conductivity of given metal : A metal rod with a diameter of 2.30 cm and length of 1.10 m has one end immersed in ice at 32oF and the other end in water at 212oF. what is the thermal conductivity of this metal

Is hrafnkel guilty as charged of the crime of murder : Is Hrafnkel guilty as charged of the crime of murder? Why or why not exactly? You are encouraged to use the entire text of Hrafnkel's Saga as your set of facts in bolstering yourargument.

What is the ocf for this project : If the tax rate is 31 percent, what is the OCF for this project?

What is the aftertax salvage value of the asset : An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $16,560,000 and will be sold for $3,680,000 at the end of the project.

What is the output voltage of a four-input summing amplifier : A four-input summing amplifier has all input resistors at 10 k and the feedback resistor equal to 2.2 k. If the input voltages are all equal to 2 V, what is the output voltage

Explain liquid butane and one containing liquid propane : A tank containing liquid butane and one containing liquid propane are sitting adjacent to one another. Each tank is equipped with a regulator with a pressure gauge

What is the objects speed at the bottom of the slope : A 65.0 kg object slides down a 30o angle slope from rest at a height of 15.0 m. The coefficient of kinetic friction between the object and the slope surface is 0.15. What is the object's speed at the bottom of the slope

Calculate the call value of owens corning warrants : Calculate the call value of Owens Corning warrants. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

User Account

All Pages