Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a company is evaluating a new 4-year project. the

A company is evaluating a new 4-year project. The equipment necessary for the project will...

80.2K

Verified Solution

Question

Finance

A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,750,000 and can be sold for $740,000 at the end of the project The asset is in the 5-year MACRS class. The depreciation percentage each yearis 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 21 percent. What is the attertax saluage value of the equipment?
$720,680
$629,960
$740,000
$584,600
$759,320
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

1. What are the “two swords” discussed by John of Salisbury? How did that understanding relate...

Basic Math
1.2K views

Investor Matt has 461 000 to invest in bonds Bond A yields an average of...

Statistics
1.2K views

The data given to the right includes data from 40 candies and 10 of them...

Accounting
1.2K views

2: Interest-Bearing Note On 1/1/2019, Arden Farm...

Accounting
1.2K views

! Required information Use the following information for the Quick Study...

Accounting
1.2K views

2. Prepare any joumal entries that...

Accounting
1.2K views

B) After completing your BET degree, your parents suggest you to start M.Sc. degree program....

Accounting
1.2K views

Jills Jumpers has a Balance in Accounts Receivable of $42,000 and a Debit Balance in...

Accounting
1.2K views

Use the following information to answer questions 1 - 5. The Stockholder's Equity accounts of...

Accounting
1.2K views

\begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{\begin{tabular}{c} Bertrand Irrigation System \\ Adjusted Trial Balance \\ December 31, 2024 \end{tabular}}...

Accounting
1.2K views

Marinis Corporation is considering buying a brand new machine and has gathered the following data:

Finance
1.2K views

Q21. There are two risky stocks and two scenarios. The chance for scenario 1 to...