A firm purchases a new work cell for $311,223.00. The asset will be depreciated using a 3-year MACRS schedule. What is...
A firm purchases a new work cell for $269,816.00. The asset will be depreciated using a 3-year MACRS schedule. What is the book value of the asset after the third year? (Assume that there is no depreciation allowed at year 0)
An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $7,232,094.00 and will be sold for $1,769,684.00 at the end of the project (End of the 4th year). If the tax rate is 39.00%, what is the after-tax salvage value of the asset? # 4 unanswered not submitted Submit Answer format: Currency: Round to: 2 decimal places
unanswered A firm is trying to determine the cash flow from selling an old computer system to an interested buyer. The computer system was purchased five years ago for $422,318.00. The system was depreciated using the 7-year MACRS schedule. The firm has an offer this morning for $74,087.00. The tax rate facing the firm is 35.00%. The firm will only accept the offer if it generates a cash flow greater than $63,501.00. not submitted What is the NSV from selling...
unanswered A firm is trying to determine the cash flow from selling an old computer system to an interested buyer. The computer system was purchased five years ago for $422,318.00. The system was depreciated using the 7-year MACRS schedule. The firm has an offer this morning for $74,087.00. The tax rate facing the firm is 35.00%. The firm will only accept the offer if it generates a cash flow greater than $63,501.00. not_submitted What is the current book value of...
A firm is trying to determine the cash flow from selling an old computer system to an interested buyer. The computer system was purchased five years ago for $406,278.00. The system was depreciated using the 7-year MACRS schedule. The firm has an offer this morning for $40,721.00. The tax rate facing the firm is 38.00%. The firm will only accept the offer if it generates a cash flow greater than $56,169.00. What is the current book value of the computer...
An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $6,279,992.00 and will be sold for $1,680,536.00 at the end of the project (End of the 4th year). If the tax rate is 39.00%, what is the after-tax salvage value of the asset? Submit Answer format: Currency: Round to: 2 decimal places
Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $407,187.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: unanswered not submitted Year 1 Year 2 Putter price $63.15 $63.15 Units sold 18,334.00 11,563.00 COGS 42.00% of sales 42.00% of sales Selling and Administrative 19.00% of sales...
Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $407,187.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: unanswered not submitted Year 1 Year 2 Putter price $63.15 $63.15 Units sold 18,334.00 11,563.00 COGS 42.00% of sales 42.00% of sales 19.00% of sales Selling and Administrative...
Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $407,187.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: unanswered not submitted Year 1 Year 2 Putter price $63.15 $63.15 Units sold 18,334.00 11,563.00 COGS 42.00% of sales 42.00% of sales Selling and Administrative 19.00% of sales...
Unanswered not submitted ABC Corporation has hired you to evaluate a new FOUR year project for the firm. The project will require the purchase of a $780,000.00 work cell. Further, it will cost the firm $56,800.00 to get the work cell delivered and installed. The work cell will be straight-line depreciated to zero with a 20-year useful life. The project will require new employees to be trained at a cost of $66,700.00. The project will also use a piece of...