What is the aftertax salvage value of the asset

Assignment Help Finance Basics

Reference no: EM13271598

An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $6,020,000 and will be sold for $1,220,000 at the end of the project. If the tax rate is 35 percent, what is the aftertax salvage value of the asset?

Reference no: EM13271598

Questions Cloud

Estimate the force on the wire : a current of 2.78A slows in a straight wire segment of length 3.00cm i + 4.00cm j in a uniform magnetic field of strngth (2.50T).

Explain how many significant figures are used for the mass : Describe how you prepare 5.00 times 10^2 mL of 0.7 M CuSO4. How many grams of CuSO4 are needed. How many significant figures are used for the mass. What type of container should it be made up in.

In what direction is the magnetic field oscillating : In an EM wave the electric field oscillates 4 X 10^14 HZ at in the North - South direction. In what direction is the magnetic field oscillating

Determine relative ages of a sequence of sedimentary rocks : Why do the continents "float high" relative to the ocean basins and how does one determine the relative ages of a sequence of sedimentary rocks? Absolute ages?

What is the aftertax salvage value of the asset : An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $6,020,000 and will be sold for $1,220,000 at the end of the project. If the tax rate is 35 percent, what is the afterta..

Explain what is the molarity of the solution : A 0.2044 g sample of potassium hydrogen phthalate (KHC8H4O4, a primary standard) was quantitatively transferred to a 100.00 mL volumetric flask and water was added to the mark.

What kind of data will you collect about heat : Science is about collecting data. What kind of data do you think you will collect in Physics 320 class? What kind of data will you collect about heat

Evaluate the ph of the solution that results : calculate the pH of the solution that results when 40.0 mL of 0.100 M NH3 is mixed with 20.0 mL of 0.200 M NH4Cl solution.

Explain graduated cylinder and it sinks to the bottom : A piece of tin weighing 85.251 g is placed into 41.1cm3 of ethyl alcohol (D=0.798) in a graduated cylinder and it sinks to the bottom . The alcohol rises to 52.8cm3

User Account

All Pages