Homework Answers
Correct answer---------------$238,000
Working
The book value of old machine will be considered as the sunk cost. Sunk cost is the cost that has been spended in the past and has no relevance for the future decision making.
| Cost of old machine | $ 340,000.00 |
| Less: Accumulated depreciation | $ (102,000.00) |
| Sunk cost | $ 238,000.00 |
Add Answer to:
Question 4 Crane Company is contemplating the replacement of an old machine with a new one....
Concord Corporation is contemplating the replacement of an old machine with a new one. The following...
Concord Corporation is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $370000 $740000 Accumulated Depreciation 111000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $296000 $222000 If the old machine is replaced, it can be sold for $29600. Which of the following amounts is a sunk cost?
7. Crane Company is contemplating the replacement of an old machine with a new one. The following...
7. Crane Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $340000 $680000 Accumulated Depreciation 102000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $275000 $204000 If the old machine is replaced, it can be sold for $27200. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net advantage (disadvantage) of replacing...
CALCULATOR PRIN Multiple Choice Question 149 Marigold Corp. is contemplating the replacement of an old machine...
CALCULATOR PRIN Multiple Choice Question 149 Marigold Corp. is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $284000 $584000 Accumulated Depreciation 85200 Remaining useful life 10 years Useful life 10 years Annual operating costs $227200 $167200 0. If the old machine is replaced, it can be sold for $24000. The company uses straight-line depreciation with a zero salvage value for The net advantage (disadvantage) of replacing...
Coronado Industries is contemplating the replacement of an old machine with a new one. The following...
Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $400000 $800000 Accumulated Depreciation 120000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $320000 $240000 If the old machine is replaced, it can be sold for $32000. The company uses straight-line depreciation with a zero salvage value for all of its assets. Which of the following amounts is...
Multiple Choice Question 148 Vaughn Manufacturing is contemplating the replacement of an old machine with a...
Multiple Choice Question 148 Vaughn Manufacturing is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine Nen Mechine $710000 $376000 Price -0- Accumuleted Depreciation 112800 Remaining useful life 10 years -0- 10 years Useful life -0- $225600 Annual operating costs $300800 If the old machine is replaced, it can be sold for $36000. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net...
Current Attempt in Progress Coronado Industries is contemplating the replacement of an old machine with a...
Current Attempt in Progress Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: New Machine Old Machine $260000 $520000 Price Accumulated 78000 -0- Depreciation Remaining useful life 10 years -0- Useful life -0 10 years Annual operating $156000 $215000 costs If the old machine is replaced, it can be sold for $20800. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net...
The Target Company is contemplating the replacement of their old printing machine with a new model...
The Target Company is contemplating the replacement of their old printing machine with a new model costing $60,000. The old machine, which originally cost $40,00, has 6 years of expected life remaining and a current book value of $30,000 versus a current market value of $24,000. Targets corporate tax rate is 40%. If Target sells the old machine at market value, what is the initial outlay (after-tax) for the new printing machine? 22,000 30,000 33,000 -11,000
The Target Copy Company is contemplating the replacement of its old printing machine with a new...
The Target Copy Company is contemplating the replacement of its old printing machine with a new model costing $ 6 0,000. The old machine, which originally cost $40,000, has 6 years of expected life remaining and a current book value of $ 21 ,000 versus a current market value of $ 12 ,000. Target's corporate tax rate is 40 percent. If Target sells the old machine at market value, what is the initial after-tax outlay for the new printing machine?...
The Target Copy Company is contemplating the replacement of its old printing machine with a new...
The Target Copy Company is contemplating the replacement of its old printing machine with a new model costing $ 6 0,000. The old machine, which originally cost $40,000, has 6 years of expected life remaining and a current book value of $ 25 ,000 versus a current market value of $ 14 ,000. Target's corporate tax rate is 40 percent. If Target sells the old machine at market value, what is the initial after-tax outlay for the new printing machine?...
The Target Copy Company is contemplating the replacement of its old printing machine with a new...
The Target Copy Company is contemplating the replacement of its old printing machine with a new model costing $ 7 0,000. The old machine, which originally cost $40,000, has 6 years of expected life remaining and a current book value of $ 26 ,000 versus a current market value of $ 30 ,000. Target's corporate tax rate is 40 percent. If Target sells the old machine at market value, what is the initial after-tax outlay for the new printing machine?...
CALCULATOR PRIN Multiple Choice Question 149 Marigold Corp. is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $284000 $584000 Accumulated Depreciation 85200 Remaining useful life 10 years Useful life 10 years Annual operating costs $227200 $167200 0. If the old machine is replaced, it can be sold for $24000. The company uses straight-line depreciation with a zero salvage value for The net advantage (disadvantage) of replacing...
Multiple Choice Question 148 Vaughn Manufacturing is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine Nen Mechine $710000 $376000 Price -0- Accumuleted Depreciation 112800 Remaining useful life 10 years -0- 10 years Useful life -0- $225600 Annual operating costs $300800 If the old machine is replaced, it can be sold for $36000. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net...
Current Attempt in Progress Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: New Machine Old Machine $260000 $520000 Price Accumulated 78000 -0- Depreciation Remaining useful life 10 years -0- Useful life -0 10 years Annual operating $156000 $215000 costs If the old machine is replaced, it can be sold for $20800. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net...
Most questions answered within 3 hours.
-
If a lossless transformer has 1000 turns for a primary winding
and 100 turns for the...
asked 1 minute ago -
Write the net ionic equation for the precipitation reaction that
occurs when aqueous solutions of potassium...
asked 9 minutes ago -
it
should be written in c++
Your program should take numbers from the user until the...
asked 15 minutes ago -
Buses are powered by chemical reactions. Define matter and the
four states of matter. What is...
asked 33 minutes ago -
Use conservation of energy to find the velocity of a free point
charge q1 at 22cm...
asked 40 minutes ago -
First, describe policies promoted by governments of the
political right to address economic globalization. Second, describe...
asked 57 minutes ago -
M2-9 Completing T-Accounts LO2-4
Following are the transactions of Dennen, Inc., for the month of
January....
asked 57 minutes ago -
Write a program using python that reads from values from a text
file and plots them...
asked 59 minutes ago -
Look up the density of
the metal of the object used in parts A and B...
asked 58 minutes ago -
Discuss strategic considerations that Amazon and NYC politicians
had. Analyze why the deal between Amazon and...
asked 1 hour ago -
A combustion reaction is describes as a carbon source reacting
with oxygen and producing carbon dioxide...
asked 1 hour ago -
Buckminsterfullerence is a recently allotrope of carbon in which
carbon atoms form molecules of formula C_60,...
asked 1 hour ago