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4 years ago, you purchased an industrial pump for your chemical processing plant, The pump was...
8 years ago you purchased an asset for a $100000 that has yield a nominal capital...
8 years ago you purchased an asset for a $100000 that has yield a nominal capital gain of $30000 if you sold the asset today you are inflation adjusted capital gains would be 0 due to inflation over the last 8 years the capital gains tax is 28% if you sold the asset today your tax liability would be?
Farris Industrial purchased a machine five years ago at a cost of $164,900. The machine is...
Farris Industrial purchased a machine five years ago at a cost of $164,900. The machine is being depreciated using the straight-line method over eight years. The tax rate is 21 percent and the discount rate is 14 percent. If the machine is sold today for $42,500, what will the aftertax salvage value be? A. $31,794.72 B. $49,268.13 C. $38,439.13 D. $46,560.88 Kustom Cars purchased a fixed asset two years ago for $39,000 and sold it today for $19,000. The assets...
both questions please and thank you Four years ago, your employer purchased for $2.250,000 a new...
both questions please and thank you
Four years ago, your employer purchased for $2.250,000 a new office telephone system to support its complex of office buildings. Your supervisor wants to know what its after-tax salvage value would be if it were sold today and replaced with a new system. The system purchased four years ago is being depreciated straight-line for tax purposes over 5 years to a book value of $50,000 (because when the system was purchased the Company believed...
show work You own some equipment that you purchased 3 years ago at a cost of...
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You own some equipment that you purchased 3 years ago at a cost of $350,000. The equipment is 5-year property for MACRS. You are considering selling the equipment today for $123,000. Which one of the following statements is correct if your tax rate is (40%? initial : 350,000 MACRS 5-year property Year Rate 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 0 straight line 350,000 - 123,000 w @ a. The tax due on the sale is $26,425 b. The...
You purchased land 3 years ago for $40000 and believe its market value is now $75000....
You purchased land 3 years ago for $40000 and believe its market value is now $75000. You are considering building a hotel on this land instead of selling it. To build the hotel, it will initially cost you $165000, an expense that you plan to depreciate straight line over the next three years. Wells Fargo offered you a loan for $60,000 at an 8% interest rate to be repaid over the next 4 years. You anticipate that the hotel will...
Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate...
Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 3.5 percent. Today comparable bonds are paying 4 percent. What is the approximate dollar price for which you could sell your bond? (Round your answer to 2 decimal places.) Approximate market value
You purchased land 3 years ago for $60000 and believe its market value is now $90000. You are considering building a hot...
You purchased land 3 years ago for $60000 and believe its market value is now $90000. You are considering building a hotel on this land instead of selling it. To build the hotel, it will initially cost you $150000, an expense that you plan to depreciate straight line over the next three years. Wells Fargo offered you a loan for $60,000 at an 8% interest rate to be repaid over the next 4 years. You anticipate that the hotel will...
You purchased a house for $850000 cash 4 years ago. You can sell it today for...
You purchased a house for $850000 cash 4 years ago. You can sell it today for $980000. What rate of return did you earn on this investment? Round your answer to the nearest tenth of a percent. Options: 115.3% none of the choices 15.3% 3.1%
If you purchased a property for $42500 14 years ago, what is your expected annual rate of...
If you purchased a property for $42500 14 years ago, what is your expected annual rate of return if you can sell the property for $838000 today and you assume annually compounding? (Express your answer to two decimal places such as xx.xx. Do not include the % sign.)
One year ago, your company purchased a machine used in manufacturing for $ 121,000. You have...
One year ago, your company purchased a machine used in manufacturing for $ 121,000. You have learned that a new machine is available that offers many advantages and that you can purchase it for $171,000 today. The CCA rate applicable to both machines is 42%; neither machine will have any long-term salvage value. You expect that the new machine will produce earnings before interest, taxes, depreciation, and amortization (EBITDA) of $61,000 per year for the next 10 years. The current...
both questions please and thank you
Four years ago, your employer purchased for $2.250,000 a new office telephone system to support its complex of office buildings. Your supervisor wants to know what its after-tax salvage value would be if it were sold today and replaced with a new system. The system purchased four years ago is being depreciated straight-line for tax purposes over 5 years to a book value of $50,000 (because when the system was purchased the Company believed...
show work
You own some equipment that you purchased 3 years ago at a cost of $350,000. The equipment is 5-year property for MACRS. You are considering selling the equipment today for $123,000. Which one of the following statements is correct if your tax rate is (40%? initial : 350,000 MACRS 5-year property Year Rate 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 0 straight line 350,000 - 123,000 w @ a. The tax due on the sale is $26,425 b. The...
Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 3.5 percent. Today comparable bonds are paying 4 percent. What is the approximate dollar price for which you could sell your bond? (Round your answer to 2 decimal places.) Approximate market value
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