Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. acme industries had sales last year of 12 000 000

Acme Industries had sales last year of 12 000 000 They had expenses of 9...

90.2K

Verified Solution

Question

Basic Math

image

Acme Industries had sales last year of 12 000 000 They had expenses of 9 755 000 They purchase several pieces of new equipment during the year that Cost 3 000 000 to purchase Had 1 100 000 related costs to set up install etc Has a salvage value of 750 000 in 5 years Using MACRS calculate the amount of tax owed 375 500 400 780 425 000 484 500

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

Chemistry
1.2K views

A reaction is carried out by combining 65.00 mL of a 0.108 M sample of (NH4)3PO4...

Basic Math
1.2K views

According to Harper's Index, 40% of all federal inmates are serving time for drug dealing. A...

Biology
1.2K views

E When the primer in the middle is removed and filled in with DNA the...

Basic Math
1.2K views

8888 1 ATT 1 2 3 4 5 6 7 8 9 10 11 12...

Basic Math
1.2K views

Solve the right triangle with A 62 3 and B 27 7 Round off the...

Calculus
1.2K views

Differentiate.h(?) = ? sin(?)h'(?)=

Calculus
1.2K views

Use the Law of Sines to solve the triangle Let b 54 7 yd Round...

Calculus
1.2K views

State whether the function is continuous at the given x values Justify your answers sqvt...

Accounting
1.2K views

Accounts receivable from sales transactions were $47,516 at the beginning of the year and $66,141...

Accounting
1.2K views

Cane Company manufactures two products called Alpha and Beta that sell for $120 and $80,...

Accounting
1.2K views

Carla Company had the following stockholders equity as of January 1, 2020. Common stock, $5...

Finance
1.2K views

2. Current asset policy There are pros and cons to using short-term and long-term financing....