What is the net cash flow from the salvage value if the tax, Financial Management

+44 141 628 6080
[email protected]

What is the net cash flow from the salvage value if the tax

Use the table below to answer this question.

MACRS 5-year property

Year

Rate 1 20.00% 2 32.00% 3 19.20% 4 11.52% 5 11.52% 6 5.76%

Ronnie's Custom Cars purchased some fixed assets two years ago for $80,000. The assets are classified as 5-year property for MACRS. Ronnie is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. Ronnie has been offered $42,000 for his old assets. What is the net cash flow from the salvage value if the tax rate is 34 percent?

$38,400.00

$35,553.60

$40,776.00

$32,420.16

$42,000.00

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: What is the net cash flow from the salvage value if the tax

Reference No:- TGS02317506

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Identify a specific theory of cognitive or moral development

Problem 1: Identify a specific theory of cognitive or moral development, and summarize the major assumptions.

How teenagers in an impoverished urban area spend their time

The purpose is to examine the psychological factors affecting how teenagers in an impoverished urban area spend their time outside of school using:

Outline a social issue that is important to you

Outline a social issue that is important to you. Describe why it is important to you, why it is important from a societal perspective and how you think

Discuss social worker working with foster children

You are a social worker working with foster children. You are making a home visit to Katie, age nine, and her foster family.

Examine historical literature to the most current period

Examine historical literature to the most current period to see the growth of romanticism and EXISTENTIALISM. any major developments

How we perceive objects in the real world

Suppose that a group of researchers would like to explore how we perceive objects in the real world, rather than just in a laboratory

Describe the results, including any scores

Describe the results, including any scores. Result: E6% Extraverted Action oriented, Outgoing, Expressive, Hands-On S17% Sensing Traditional,

Request for Solution File

Ask an Expert for Answer!!

Financial Management: What is the net cash flow from the salvage value if the tax

Reference No:- TGS02317506

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : Wrap up with a discussion of your food consumption what

Q : Create a mission and vision statement for your organization

Q : What is the discounted payback period if the discount rate

Q : Examine the concept of product life cycle analysis examine

Q : What is the net cash flow from the salvage value if the tax

Q : Using t2d statistics compare the rates in the us to the

Q : What happens to the portfolios if the stock price drops to

Q : Describe any profit sharing stock ownership programs that

Q : Where should the safety manager be located within an