What will the accumulated depreciation be at the end of year

Assignment Help Finance Basics
Reference no: EM131132490

Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $30,000. What will the accumulated depreciation be at the end of year three? MACRS 5-year property 
Year Rate 

1 ................. 20.00%

2 ................. 32.00% 

3 ................. 19.20%

4 ................. 11.52% 

5 ................. 11.52% 

6 ................. 5.76%

Multiple Choices:

a. $15,600 

b. $3,456 

c. $6,000 

d. $21,360 

e. $25,290

Reference no: EM131132490

Questions Cloud

Which investment has the greatest relative risk : Which investment has the greatest relative risk?
What is the risk free rate return : Corporation stock has beta coefficient equal to 1.8 and are quirked rate return equal to 16 percent if the expected return on the market is 10 percent what is the risk free rate return?
What is the expected return of the stock portfolio amount : Currently the risk free return is 3 present and expected market of return 10 present what is the expected return of the following there stock portfolio Amount invested rat 400,000 ............... 1.5 500,000 ............... 2.0 100,000 ................
Prepare the stockholders equity section including disclosure : Prepare the stockholders' equity section, including disclosure of all relevant data.
What will the accumulated depreciation be at the end of year : Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $30,000. What will the accumulated depreciation be at the end of year three? MACRS 5-year property
How many shares of common stock are outstanding : From a review of the stockholders' equity section, as chief accountant, write a memo to the president of the company answering the following questions.
Should alpha corporation go forward with the acquisition : Beta Corporation will provide $300,000 per year in cash flow (in after tax income plus depreciation) for the next 20 years. If Alpha Corporation has a cost of capital of 11%, should Alpha Corporation go forward with the acquisition?
Determine the factory overhead rate for factory two : Determine the factory overhead rate for Factory 1. Determine the balances of the factory overhead accounts for each factory as of September 30, and indicate whether the amounts represent.
Discuss the properties of this estimator : Given a sample of n observations, the investigator estimates β2 by calculating it as the average value of Y divided by the average value of X. Discuss the properties of this estimator. What difference would it make if it could be assumed that β1 i..

Reviews

Write a Review

Finance Basics Questions & Answers

  Medical corporation of america mca has a current stock

medical corporation of america mca has a current stock price of 36 and its last dividend d0 was 2.40. in view of mcas

  Effects on the after-tax profits and cash flow

Determine the effects on the after-tax profits and cash flow, if sales increase from $10.5 million to $11.8 million.

  Calculate the capital needs of the couple at retirement

Calculate the current cost of Jazz's college education. Calculate the capital needs of the couple at retirement and the current value (today's value) of their retirement needs.

  The discount rate is 10 what is the investments value at

a real estate investment has the following expected cash flowsyear cash flows1 100002 250003 -15500the discount rate is

  What production capacity will ideko require each year

Under the assumptions that Ideko’s market share will increase by 0.5% per year (implying that the investment, financing, and depreciation will be adjusted as described in Problems 3 and 4) but that the projected improvements in net working capital do..

  The project will cost 150000 and will be depreciated

ernies electrical is evaluating a project which will increase sales by 50000 and costs by 30000. the project will cost

  How does a single mortgage become a liquid asset

The fixed income market is longer term T-Notes and T-Bonds, municipal bonds, corporate bonds, and even mortgages. How does a single mortgage become a liquid asset? And what is the approximate vale of the fixed income markets worldwide?

  What factors made you choose one over the other

For example, consider how you recently chose between two products or services offered by different companies. What factors made you choose one over the other? How do the companies compete?

  What is the operating cash flow under the best case scenario

The tax rate is 30 percent. The sales price is estimated at $64 a unit, give or take 2 percent. What is the operating cash flow under the best case scenario?

  Sidney took a 775 cash advance by using checks linked to

sidney took a 775 cash advance by using checks linked to her credit card account. the bank charges a 3 percent cash

  Describe the part of the biosphere where humans can survive

Describe the part of the biosphere where humans can survive

  What uniform annual amount must be invested at the end

A machine costs $10,000, has an estimated life of 10 years and a scrap value of $1500. Assuming no inflation and an interest rate of 4%, what uniform annual amount must be invested at the end of each of the 10 years in order to replace the machine..

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