Business, 12.04.2021 21:30 amberpetty4288
The J. Harris Corporation is considering selling one of its old assembly machines. The machine, purchased for $30,000 5 years ago, had an expected life of 10 years and an expected salvage value of zero. Assume Harris uses simplified straight-line depreciation (depreciation of $3,000 per year) and could sell this old machine for $35,000. Also assume Harris has a 21 percent marginal tax rate. a. What would be the taxes associated with this sale
Answers: 2
Another question on Business
Business, 21.06.2019 15:20
List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.
Answers: 3
Business, 21.06.2019 16:30
Copyright law protects the expression of an idea so blank is protected by copyright
Answers: 1
Business, 21.06.2019 19:00
Spirula trading inc sublets a part of its offices building to jade inc. for a period of ten years . where will the company disclose this information?
Answers: 3
Business, 22.06.2019 16:20
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
You know the right answer?
The J. Harris Corporation is considering selling one of its old assembly machines. The machine, purc...
Questions
Spanish, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
History, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
English, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
English, 12.10.2020 21:01
Mathematics, 12.10.2020 21:01
