A machine purchased by the bee buzz saw company originally, Ask an Expert

Economics

A machine purchased by the Bee Buzz saw Company originally cost $245,000. Delivery and installation charges amounted to $5000. The declared salvage value was $25,000. Early in year 4, the company changed its product mix and found that it no longer needed the machine. One of its competitors agreed to buy the machine for $90,000. Determine the loss, gain, or recapture of MACRS depreciation on the sale. The ADR is 12 years for this machine.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92638426

Have any Question?Write your Review or question?

Related Questions in Business Economics

Match the definitionconsumer surplusproducer surplusthe

Match the Definition Consumer Surplus Producer Surplus The difference between the amount that buyers would be willing and able to pay for a good and the actual amount the buyer pays The difference between the minimum amo ...

Trans-pacific partnership tppa what are the economic

Trans-Pacific Partnership (TPP) A. What are the economic implications? Provide a credible citation. B. What possible impact could this event have on global trade? Provide a credible citation. C. What is President Trump's ...

A consumer advocate group selects a random sample of 20 ink

A consumer advocate group selects a random sample of 20 ink cartridges and finds that the average number of printouts per ink cartridge is 460 with a standard deviation of 52. Find the 96% confidence interval for the pop ...

By chance does any know what percentage of the world gdp

By chance does any know What percentage of the world GDP has the Global 500 contributed most recently?

What is a survey and pros and cons of using this method to

What is a Survey and pros and cons of using this method to collect data are? Have you done a survey? How successful were your results?

How might profit maximization lead to higher demand for

How might profit maximization lead to higher demand for female workers and result in female workers earning higher wages than male workers in the same firm?

What are the effects of changes in aggregate demand ad

What are the effects of changes in Aggregate Demand (AD) according to Keynesian Economic Theory? What is the role of the government in Keynesian economic theory? How does it differ from Classical and Neoclassical Economi ...

What does the term the ten principles of economics and how

What does the term the Ten Principles of Economics and how it's applied to the consumer buying trends?

A random sample ofnbsp87nbspeighth gradenbspstudents scores

A random sample of 87 eighth grade? students' scores on a national mathematics assessment test has a mean score of 279. This test result prompts a state school administrator to declare that the mean score for the? state' ...

Equipment maintenance costs for manufacturing

Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $125,000 in year one and increase by 3.5% each year through year five. What is the equivalent annual worth of the mainte ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert