What is the annual net income

Assignment Help Accounting Basics

Reference no: EM13135664

Sorius Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net cash flows of $100,000. The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $75,000, what is the annual net income?

Reference no: EM13135664

Questions Cloud

What amount of gain should anderson recognize : On October 1, 2009, Donald Anderson exchanged an apartment building, having an adjusted basis of $375,000 and subject to a mortgage of $100,000, for $25,000 cash and another apartment building with a fair market value of $550,000 and subject to a ..

Find confidence interval estimate for the true mean : If the sample mean is 10.0 and the sample standard deviation is 0.15, find the 95% confidence interval estimate for the true mean.

Why does the combined total of individual account torelable : why does the combined total of individual account torelable misstatement commonly exceed the estimate of planning materiality. why might certain trial balance amounts be projected when considering planning materiality

Expatriates spouses face difficulties : The inability of the spouse to adjust to the new environment is cited as the most likely reason for expatriate failure. Can you provide me with a couple suggestions for what companies could do to reduce this problem?

What is the annual net income : The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $75,000, what is the annual net income?

Prepare a report related to business communications : Prepare a report - The report should be related to Business communications.

How many nickels does coin counter manufacturer need weigh : How many nickels does a coin counter manufacturer need to weigh so that she can be 98% confident that her sample mean is within 25 milligrams.

What is a variable interest entity : What is a variable interest entity? Explain the difference between the voting interest model and the risk and reward model?

Culturally contingent leadership behaviours-attributes : What are the culturally contingent leadership behaviors and attributes? What are the positive leadership behaviors and traits that are universally accepted that facilitate leadership effectiveness?

User Account

All Pages