subject
Business, 24.06.2021 15:50 YoVeoAnime

Pet Supply purchased some fixed assets two years ago at a cost of $43,800. It no longer needs these assets so it is going to sell them today for $32,500. The assets are classified as five-year property for MACRS. The MACRS rates are 20%, 32% 19.2%, 11.52%, 11.52%, 5.76%, for years 1 to 6, respectively. What is the net cash flow (A-T Salvage Value) from this sale if the firm's tax rate is 35 percent

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
question
Business, 23.06.2019 20:00
Harveys corporation borrowed $60,000 from the bank on november 1, 2014. the note had a 6 percent annual rate of interest and matured on april 30, 2015. interest and principal were paid in cash on the maturity date. required a. what amount of interest expense was paid in cash in 2014?
Answers: 1
question
Business, 24.06.2019 01:30
If the selling price is $18.00 and the markup is 33%,what is the dollar markup?
Answers: 2
question
Business, 24.06.2019 02:00
In 2018, a customer buys 5 ge 10% debentures, m '38, at 85. the interest payment dates are feb 1st and aug 1st. the bonds are callable as of 2028 at 103. the current yield on the bonds is:
Answers: 2
You know the right answer?
Pet Supply purchased some fixed assets two years ago at a cost of $43,800. It no longer needs these...
Questions
question
Mathematics, 26.10.2021 17:40
Questions on the website: 13722367