Assuming a tax rate of 26 what are the net proceeds from, Financial Management

+44 141 628 6080
[email protected]

Assuming a tax rate of 26 what are the net proceeds from

"A company bought a machine for $115,000. The machine was depriciated using a 5 year MACRS approach. After 5 years, the machine was sold at a salvage value of $77,300. Assuming a tax rate of 26%, what are the net proceeds from the sale of the machine? (Hint: You will want to take your salvage values and add/subtract gains due to the sale.)"

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Assuming a tax rate of 26 what are the net proceeds from

Reference No:- TGS02848740

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Financial Management

Q : Antibiotic sensitivity testing kirby-bauer method e-testing

antibiotic sensitivity testing kirby-bauer method e-testinga whats the antibiotics mode of actionb what may be the

Q : Determine the net present worth of the cash flow from this

a highway contractor is considering buying a new trench excavator that costs 254000 and can dig a 3-foot-wide trench at

Q : If you have 9 cells and a generation time of 180 minutes

if you have 9 cells and a generation time of 180 minutes how many cells are there after 15

Q : What is the main idea of the article heroes with solid feet

question read the article heroes with solid feet and the article where i find my heroes and respond to the following

Q : Assuming a tax rate of 26 what are the net proceeds from

a company bought a machine for 115000 the machine was depriciated using a 5 year macrs approach after 5 years the

Q : Why do gram-positive cells more than 24hours old stain

why do gram-positive cells more than 24hours old stain gram-negative

Q : A consumer electronics company was formed to develop cell

a consumer electronics company was formed to develop cell phones that run on or recharged by fuel cells the company

Q : On june 15 rogan declared and paid a cash dividend of 30000

question - gambio cosmetics acquired 10 of the 200000 shares of common stock of nevins fashion at a total cost of 13

Q : What is the intrinsic value of the bond comment on the

smith company issued a 7 ndash year bond that pays a coupon of 28 two years ago the expected return on similarly rated

1924425

Questions
Asked

3,689

Active Tutors

1417542

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Problem on low-cost legal aid offices

A program that requires that any interest earned on client trust accounts that are nominal or of a short duration be turned over to the state bar

What is the current ratio for kramer industries

Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of $12,000 and inventory of $31,000.

What are required to determine annual depreciable amount

Question: Which of the following are required to determine the annual depreciable amount for an investment property?

How adverse opinion most likely should be expressed

An adverse opinion most likely should be expressed when The auditor cannot obtain sufficient appropriate evidence regarding the inventory count

What is the purpose of the cash flow statement

Q1. What is the purpose of the cash flow statement? What does it tell the user about the company?

What amount of elige current year taxable income is

What amount of Elige's current year taxable income is allocated to Elige's S corporation short tax year based on the relative number of days

Problem on pro-business environment

Question: Boeing chose South Carolina as its Dreamliner assembly location because of the pro-business environment.