What is the net income annually for the plant

Reference no: EM13305218

A new production plant is estimated to generate revenues annually of $100,000. The taxes on the land are 4,000 per year. The expense of making the widgets is $2,000 per month based on past experience. Due to efficiency, this was reduced 10%. The depreciation of the plant is 50,000 per year. Assuming a corporate tax rate of 40%, what is the net income annually for the plant?

Reference no: EM13305218

Questions Cloud

Determine the flow of vehicles on the level section : From an aerial photograph, one observes that on a level section of a (multilane) highway, 25% of the vehicles are trucks, 75% are cars, and there are 50 vehicles per mile of highway. The trucks travel at 40 mph and the cars at 60 mph.

Customers owed the company $22,000 at year-end : 1. Customers owed the company $22,000 at year-end.

Determine if driver can clear the intersection safely : Assume that the width of the intersection in 24 ft and the car is 20 ft long. If the driver's perception-reaction time is 0.75 seconds, determine if he can clear the intersection safely for the following conditions

How many electrons hit the screen in given time : The current in an electron beam in a cathode-ray tube is measured to be 70 uA. How many electrons hit the screen in 5.0s

What is the net income annually for the plant : Due to efficiency, this was reduced 10%. The depreciation of the plant is 50,000 per year. Assuming a corporate tax rate of 40%, what is the net income annually for the plant?

Explain the managerial significance of the accounting : Assume the marina operator is unsophisticated in business. Explain the managerial significance of the accounting above to this person.

What is the total delay and the maximum queue length : Vehicles arrive at a freeway on-ramp meter at a constant rate of six per minute starting at 6:00A.M. Service begins at 6:00A.M. such that u(t)=2+0.5t, where u(t) is in veh/min and t is in minutes after 6:00A.M.

Recommended improvements or safeguards to limit risk : Recommended improvements or safeguards to limit risk

What are the advantages of click and brick retailers : Discuss the advantages of established click and mortar companies such as walmart over pure play e tailers. conversly, what are the advantages of click and brick retailers as compared with pure play e tailers?

User Account

All Pages