Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Troy Industries purchased a new machine 3 years ago for $80,000. It's being depreciated under MACRS with a 5 year recovery period using the percentages given in the MACRS table (la tabla se incluye en la primera página del examen). Assume a 40% tax rate.

a. What is the book value of the machine?

b. find out the firm tax liability if it sold the machine for each of the following amounts: $100,000; $56,000; $23,200 and $15,000.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M947421

Have any Question? 


Related Questions in Basic Finance

Personal finance discussionretirement and estate

Personal Finance Discussion Retirement and Estate Planning When should you start to think about retirement and estate planning? When should you start taking action? Why? Have you already started taking steps toward retir ...

Regarding anovaexplain the difference between the

Regarding ANOVA: Explain the difference between the "Between-Treatments Estimate of Variance and the Within-Treatments Estimate of Variance. Why do we need two estimates? Wouldn't one estimate suffice?

Why is knowledge of finance important in running of

Why is knowledge of finance important in running of organizations?

Module slp cash flowthis assignment requires word and excel

Module SLP CASH FLOW This assignment requires word and excel documents. Cash Flow Estimation and Capital Budgeting Applying Various Capital Budgeting Methodologies The objective of a firm is to maximize shareholder wealt ...

Impact of expected inflation how might expectations of

Impact of Expected Inflation: How might expectations of higher oil prices affect the demand for loanable funds, the supply of loanable funds, and interest rates in the United States? Will the interest rates of other coun ...

Nick has a goal to pay his credit card balance in full by

Nick has a goal to pay his credit card balance in full by June 30. When he first wrote the goal in December, his balance was $2,500. It is now April, and he can pay all except $200. Evaluate his progress and describe the ...

Discuss the contention that differences in the performance

Discuss the contention that differences in the performance of various firms within an industry limit the usefulness of industry analysis.

Bills boards has 202 million shares of common stock

Bill's Boards has 20.2 million shares of common stock outstanding, 4.2 million shares of preferred stock outstanding, and 22.00 thousand bonds. If the common shares are selling for $30.20 per share, the preferred share a ...

Define par face value coupon rate coupon payment and

Define par ( face) value, coupon rate, coupon payment, and current yield. What are call provisions and convertible provisions, and how do they affect the interest rates on newly issued securities?

Why are interest rates on trea sury securities used as

Why are interest rates on Trea sury securities used as benchmarks to judge the riskiness and liquidity of other securities?

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate