What is the equipment after-tax salvage value for use

Assignment Help Financial Accounting
Reference no: EM132522854

Question1 : Liberty Services is now at the end of the final year of a project. The equipment originally cost $125,500, of which 75% has been depreciated. The firm can sell the used equipment today for $36,000, and its tax rate is 30%. What is the equipment's after-tax salvage value for use in capital budgeting analysis?

Reference no: EM132522854

Questions Cloud

What was the net operating working capital : What was the net operating working capital? Medium Sized Retailer's balance sheet showed total current assets of $225,000, all of which were required
Sexual orientation affect the perception of the victim : Discuss whether factors of class, race, and sexual orientation affect the perception of the victim by different constituents, including the public,
Find the area under the standard normal curve : Find the area under the standard normal curve between z=-0.62 z=-0.62 and z=1.47 z=1.47. Round your answer to four decimal places, if necessary.
How ideology impact construction of criminal justice policy : How does ideology impact the construction of criminal justice policy? People expect criminal justice policies to be morally principled. Describe how ethics.
What is the equipment after-tax salvage value for use : The firm can sell the used equipment today for $36,000, and tax rate is 30%. What is equipment's after-tax salvage value for use in capital budgeting analysis?
How do policymakers evaluate policies : What role does accountability play in considering which policies are "good" or effective? How do policymakers evaluate policies?
Oversight and the threat of punishment : Why do you think that intensively supervising offenders and threatening them with punishment does not reduce recidivism?
Describe what kinds of articlesand data it publishes : For this week's forum, search online for the name of a research journal that might be important to your program at Grantham or your future career.
Compute the outstanding balance at the end of three years : Find the outstanding balance at the end of 3 years. TL loan is being repaid by installments of 400 TL at the end of each month for as long as necessary

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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