User Account

All Pages

What is the projects irr

Assignment Help Taxation
Reference no: EM13492917

After a long drought, the manager of Long Branch Farm is considering the installation of an irrigation system which will cost $100,000. It is estimated that the irrigation system will increase revenues by $20,500 annually, although operating expenses other than depreciation will also increase by $5,000. The system will be depreciated using MACRS over its depreciable life (5 years) to a zero salvage value. If the tax rate on  ordinary income is 40 percent, what is the project's IRR?

Reference no: EM13492917

Questions Cloud

Prepare the journal entry to record the issuance of the bond : On May 1, 2011, Newby Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2011, and pay interest semiannually on May 1 and November 1. Financial statements are prepared annually on December 31.
Estimate the time constant of the circuit : A 15.0 k resistor and a capacitor areconnected in series, and then a 12.0 Vpotential difference is suddenly appliedacross them. Calculate the time constant of the circuit
How many grams of chloride ion are present in a solution : How many grams of chloride ion are present in a solution made by dissolving 25.3 g of CaCl2 in enough water to make 325 mL of solution
Find the inductance of the circuit : A battery is connected in series with a 0.27-? resistor and an inductor, Find the inductance of the circuit
What is the projects irr : If the tax rate on  ordinary income is 40 percent, what is the project's IRR?
Determine the average current induced in the coil : A square coil of wire of side 3.20 cm is placed in a uniform magnetic field of magnitude 2.25 T directed into the page, determine the average current induced in the coil
Prepare journal entries and adjusting journal entries : Prepare journal entries, adjusting journal entries, and closing journal entries required on January 2, 2009, December 31, 2009, and December 31, 2010.(Omit the "tiny_mce_markerquot; sign in your response.)
Explain what is the concentration of other half-cell : cu/cu^2+ concentration cell has voltage of .21V at 25 c. the concentration of cu^2+ in one of the other half cell is 1.4E-3M. What is the concentration of{Cu^2 + in the other half-cell
Calculate the maximum emf induced in the coil : In a model AC generator, a 505 turn rectangular coil 7.0 cm by 20 cm rotates at 124 rev/min in a uniform magnetic field of 0.56 T. What is the maximum emf induced in the coil

Reviews

Write a Review

Taxation Questions & Answers

  Taxable income

Determine taxable income before considering expense.

  Prepare a tax research memo

Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.

  Income by ordinary concepts

Explain what is meant by income by ordinary concepts

  Identify the tax issues

Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.

  Calculate carolines taxable income

Calculate Carolines taxable income

  Taxation – law and practice

Show the tax issues that are raised and the relevant sections of the legislation.

  Payment to the taxpayer

Brief statement in your own words of the facts of the cases.

  Prepare regular corporation tax return

Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise

  Taxation law

Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.

  A tax on cigarettes is a good way of raising tax revenue

Discuss- A tax on cigarettes is a good way of raising tax revenue for the government

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Calculate barbs taxable income

Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd