Accounting excel help
Assuming the tax rate is 25%
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I need some VBA(excel) help. This is what I was given: 'Review the attached data on...
I need some VBA(excel) help. This is what I was given: 'Review the attached data on the 'Data worksheet'. The data represents the Sales Tax information for the 50-city States in US. 'Create two functions that computes the following for each state: 'StateTax: ListedPrice * State Tax Rate 'Local Tax Rate: ListedPrice * Local Tax rate 'Determine Sales Amount as: ListedPrice + StateTax + LocalTax 'TotalTax as StateTax + LocalTax 'DiscountOpportunity as: MINIMUM(ListPrice * 2%, SalesTax * 1.5%) These are...
Please answer in excel. Please show the formulas EXCEL MASTER IT! PROBLEM Using Excel to find...
Please answer in excel.
Please show the formulas
EXCEL MASTER IT! PROBLEM Using Excel to find the marginal tax rate can be accomplished using the VLOOKUP func- tion. However, calculating the total tax bill is a little more difficult. Below we have shown a copy of the IRS tax table for an unmarried individual for 2018. Often, tax tables are presented in this format. xlsx If taxable income is But not over . $ 9,525 38,700 93,700 195,450 424,950 426,700...
Will somebody help me figure this out and help with formulas Name: Instructor: Intermediate Accounting. 15...
Will somebody help me figure this out and help with
formulas
Name: Instructor: Intermediate Accounting. 15 Edition by Kieso, Weygandt, and Warfield Date: Course: P6-4 (Evaluating Payment Alternatives) Howie Long has just learned he has won a 500000 prize in the lottery. The lottery has given him two options for receiving payments: (1) If Howie takes al the money today, the state and the federal governments will deduct taxes at a rate of 46% !immediately (2) Alternatively the lottery offers...
Managerial Accounting &nb
Managerial Accounting 24 Points (4 points each) 1. The following data is for two companies, LeBron and Luke: Le Bron Luke Selling price $50/unit $60/unit Variable manufacturing costs $15/unit $12/unit Variable selling and admin. costs $ 5/unit $ 8/unit Fixed manufacturing costs $100,000 $300,000 Fixed selling and admin. costs $ 30,000 $ 80,000 (a) Ignoring income taxes, how many units must LeBron sell to break-even? (b) Assuming a tax rate of 25%, do you think the breakeven...
Alvis Corporation reports pretax accounting income of $560,000, but due to a single temporary difference, taxable...
Alvis Corporation reports pretax accounting income of $560,000, but due to a single temporary difference, taxable income is only $370,000. At the beginning of the year, no temporary differences existed. Required: 1. Assuming a tax rate of 25%, what will be Alvis's net Income? 2. What will Alvis report In the balance sheet pertaining to Income taxes? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a tax rate of 25 %, what...
Alvis Corporation reports pretax accounting income of $520,000, but due to a single temporary difference, taxable...
Alvis Corporation reports pretax accounting income of $520,000, but due to a single temporary difference, taxable income is only $340,000. At the beginning of the year, no temporary differences existed. Required: 1. Assuming a tax rate of 25%, what will be Alvis’s net income? 2. What will Alvis report in the balance sheet pertaining to income taxes? Balance Sheet Account Reported Amount Southern Atlantic Distributors began operations in January 2021 and purchased a delivery truck for $40,000. Southern Atlantic plans...
Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income...
Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only $60,000. Assuming a tax rate of 25%, the income statement should report net income of: Multiple Choice Ο $15.000 Ο $25.000 Ο $45,000 Ο $85,000
please help with question #12.24 without using excel. net present worth of this investment. Contributedby value,...
please help with question #12.24 without using
excel.
net present worth of this investment. Contributedby value, and Assume unit 444 CHAPTER 12: INCOME TAXES FOR CORPORATIONS Mukasa Ssemakula, Wayne State University (b) Explain why the rate of return obtained in part (a) is different from the rate of return obtained in Problem 12-20. 12-25 A firm has invested $400.000 in car- ment. They will depreciate the r-washing equip equipment by 6% (a) Comput (b) Comput MACRS G MACRS, assuming a...
P9-4 (similar to) Question Help Cost of debt using the approximation formula For the following $1,000-par-value...
P9-4 (similar to) Question Help Cost of debt using the approximation formula For the following $1,000-par-value bond, assuming annual interest payment and a 24% tax rate, calculate the after-tax cost to maturity using the approximation formula. Discount (-) or Coupon Life Underwriting fee $25 premium (+) $40 interest rate 15 years 8% The after-tax cost of financing using the approximation formula is %. (Round to two decimal places)
Please help me with this problem with NO EXCEL. Thank you very much and I will...
Please help me with this problem with NO EXCEL. Thank you very much
and I will rate.
In 2018, a certain manufacturing company has some existing semi-automated production equipment which they are considering replacing. This equipment has a present market value of $62,000 and a book value of $34,000. It has five more years of straight-line depreciation available (if kept) of $6,800 per year, at which time its BV would be zero. The estimated market value of the equipment five...
Please answer in excel.
Please show the formulas
EXCEL MASTER IT! PROBLEM Using Excel to find the marginal tax rate can be accomplished using the VLOOKUP func- tion. However, calculating the total tax bill is a little more difficult. Below we have shown a copy of the IRS tax table for an unmarried individual for 2018. Often, tax tables are presented in this format. xlsx If taxable income is But not over . $ 9,525 38,700 93,700 195,450 424,950 426,700...
Will somebody help me figure this out and help with
formulas
Name: Instructor: Intermediate Accounting. 15 Edition by Kieso, Weygandt, and Warfield Date: Course: P6-4 (Evaluating Payment Alternatives) Howie Long has just learned he has won a 500000 prize in the lottery. The lottery has given him two options for receiving payments: (1) If Howie takes al the money today, the state and the federal governments will deduct taxes at a rate of 46% !immediately (2) Alternatively the lottery offers...
Alvis Corporation reports pretax accounting income of $560,000, but due to a single temporary difference, taxable income is only $370,000. At the beginning of the year, no temporary differences existed. Required: 1. Assuming a tax rate of 25%, what will be Alvis's net Income? 2. What will Alvis report In the balance sheet pertaining to Income taxes? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a tax rate of 25 %, what...
Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only $60,000. Assuming a tax rate of 25%, the income statement should report net income of: Multiple Choice Ο $15.000 Ο $25.000 Ο $45,000 Ο $85,000
please help with question #12.24 without using
excel.
net present worth of this investment. Contributedby value, and Assume unit 444 CHAPTER 12: INCOME TAXES FOR CORPORATIONS Mukasa Ssemakula, Wayne State University (b) Explain why the rate of return obtained in part (a) is different from the rate of return obtained in Problem 12-20. 12-25 A firm has invested $400.000 in car- ment. They will depreciate the r-washing equip equipment by 6% (a) Comput (b) Comput MACRS G MACRS, assuming a...
P9-4 (similar to) Question Help Cost of debt using the approximation formula For the following $1,000-par-value bond, assuming annual interest payment and a 24% tax rate, calculate the after-tax cost to maturity using the approximation formula. Discount (-) or Coupon Life Underwriting fee $25 premium (+) $40 interest rate 15 years 8% The after-tax cost of financing using the approximation formula is %. (Round to two decimal places)
Please help me with this problem with NO EXCEL. Thank you very much
and I will rate.
In 2018, a certain manufacturing company has some existing semi-automated production equipment which they are considering replacing. This equipment has a present market value of $62,000 and a book value of $34,000. It has five more years of straight-line depreciation available (if kept) of $6,800 per year, at which time its BV would be zero. The estimated market value of the equipment five...
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