A project requires $471428 of equipment that is classified as 7-year property. What is the depreciation...
A project requires $471428 of equipment that is classified as 7-year property. What is the depreciation expense in Year 5 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
Homework Answers
Answer:
Equipment cost = $471428
As given, depreciation rate for year 5 = 8.93%
Depreciation expense in Year 5 = $471428 * 8.93% = 42098.52
Add Answer to:
A project requires $471428 of equipment that is classified as
7-year property. What is the depreciation...
A project requires $37,655 of equipment that is classified as a 7-year property. What is the...
A project requires $37,655 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 5 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
A project requires $72,645 of equipment that is classified as a 7-year property. What is the...
A project requires $72,645 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 5 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
A project requires $414073 of equipment that is classified as 7-year property. What is the book...
A project requires $414073 of equipment that is classified as 7-year property. What is the book value of this asset at the end of year 3 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent?
A project requires $315929 of equipment that is classified as 7-year property. What is the depreciation...
A project requires $315929 of equipment that is classified as 7-year property. What is the depreciation expense in Year 5 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and4.46 percent?
TTTTTTTTT current yield. 0 beta. Question 21 1 pts A project requires $71,129 of equipment that is classified as a 7-ye...
TTTTTTTTT current yield. 0 beta. Question 21 1 pts A project requires $71,129 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 2 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box Question 22 1 pts A company is considering purchasing an equipment...
TTTTTTTTT current yield. 0 beta. Question 21 1 pts A project requires $71,129 of equipment that...
TTTTTTTTT current yield. 0 beta. Question 21 1 pts A project requires $71,129 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 2 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box Question 22 1 pts A company is considering purchasing an equipment...
A plece of newly purchased Industrial equipment costs $1,050,000 and is classified as seven-year property under...
A plece of newly purchased Industrial equipment costs $1,050,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in the MACRS Table. Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32. Leave no cells blank. Enter "o" when necessary.) Beginning Book Value Year Depreciation Allowance Ending Book Value Go HILFE Property Class 3-Year5 -Year Year 7-Year...
A piece of newly purchased industrial equipment costs $728143 and is classified as seven-year property under...
A piece of newly purchased industrial equipment costs $728143 and is classified as seven-year property under MACRS. What is the book value at the beginning of year 8? (Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.) Modified ACRS Depreciation Allowances (Table 10.7) Year Three-Year Five-Year Seven-Year 1 33.33% 20.00% 14.29% 2 44.45 32.00 24.49 3 14.81 19.20 17.49 4 7.41 11.52 12.49...
ABC, Inc. purchased an equipment at time=0 for $140,132. The shipping and installation costs were $15,535....
ABC, Inc. purchased an equipment at time=0 for $140,132. The shipping and installation costs were $15,535. The equipment is classified as a 7-year MACRS property. The investment in net working capital at time=0 was $14,402 which would be recouped at the end of the project. The project life is six years. At the end of the sixth year, the company will sell the equipment for $6,548. The annual cash flows are $95,121. What is the cash flow of the project...
A piece of newly purchased industrial equipment costs $1,375,000 and is classified as seven-year property under...
A piece of newly purchased industrial equipment costs $1,375,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in Table 10.7. Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Leave no cells blank - be certain to enter "O" wherever required. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Depreciation Year Beginning Book Value Ending Book Value 1 2 3 4 6 7 Property...
TTTTTTTTT current yield. 0 beta. Question 21 1 pts A project requires $71,129 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 2 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box Question 22 1 pts A company is considering purchasing an equipment...
TTTTTTTTT current yield. 0 beta. Question 21 1 pts A project requires $71,129 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 2 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box Question 22 1 pts A company is considering purchasing an equipment...
A plece of newly purchased Industrial equipment costs $1,050,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in the MACRS Table. Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32. Leave no cells blank. Enter "o" when necessary.) Beginning Book Value Year Depreciation Allowance Ending Book Value Go HILFE Property Class 3-Year5 -Year Year 7-Year...
A piece of newly purchased industrial equipment costs $1,375,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in Table 10.7. Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Leave no cells blank - be certain to enter "O" wherever required. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Depreciation Year Beginning Book Value Ending Book Value 1 2 3 4 6 7 Property...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 4 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 4 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 5 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 8 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 8 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 9 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago