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A machine that costs $18,000 is expected to operate for 10 years. The estimated salvage value at the end of 10 years is $0. The machine is expected to save the company $1,200 per year before taxes and depreciation. The company depreciates the assets on a straight line basis and has a marginal tax rate of 40%.
Problem a. What is the internal rate of return on this investment
Golden Gardens Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On June 19 of the current year, Golden Gardens Inc. reacquired 24,000 shares of its common stock at $64 per share.
Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manufactured by Lollie Corp. The machine can be used for 8 years and then sold for $23,000 at the end of its useful life. find ..
Determine How much will be in an account at the end of the give years if amount deposited today is 16,666 and interest is 8% per year, compounded semi-annually?
Prepare the journal entry to record the trade-in assuming a trade-in allowance of $1,200 with the balance paid in cash.
What was the profit for the year ended 30 June 2015? During the year ended 30 June 2015, Goh brought his own motor car into the business at the value
Suppose you are reviewing a bond that has a 8.5% annual coupon and a face value of $1,000. What is the price of the bond that is being offered to you
You think you can get a 7% annual return on your money. How much per year will you have to save to get to $1,000,000
Moby Dick Corporation has sales of $4,146,980; income tax of 332,966. Calculate the amount of the firm's after tax cash flow from operations?
?118 on December 31, 2008, ?112 on December 31, 2009 and ?124 on December 31, 2010. ABC Company should record 2010 compensation expense at
Subscribed shares were paid for on January 2, 2017. What should Amelia report as total contributed capital on its December 31, 2016, balance sheet?
In the second year, it had income of $15900 and a dividend of $6900 was paid. what would the equity section of its balance sheet shown at year year end?
The recoverable amount at that date is P315,000, the plant should be carried in Malaluan's statement of financial position at December 31, 2022 at?
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