Calculate the book value of the existing asset being replaced.
Degnan Dance Company, Inc., a manufacturer of dance and exercise apparel, is considering replacing an existing piece of equipment with a more sophisticated machine. The following information is given.
The firm pays 40 percent taxes on ordinary income and capital gains.
What will be an ideal response?
Book value of existing equipment = $100,000 × [1 - (0.20 + 0.32)] = $48,000
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Which of the following statements is CORRECT?
A. If the maturity risk premium (MRP) is greater than zero, then the yield curve must have an upward slope. B. Because long-term bonds are riskier than short-term bonds, yields on long-term Treasury bonds will always be higher than yields on short-term T-bonds. C. If the maturity risk premium (MRP) equals zero, the yield curve must be flat. D. The yield curve can never be downward sloping. E. If inflation is expected to increase in the future, and if the maturity risk premium (MRP) is greater than zero, then the yield curve will have an upward slope.
Whether or not a criminal history can keep individuals from being hired depends on:
A. whether or not the position they apply for involves working with children. B. how long ago the conviction occurred, the nature of the conviction, and the type of job for which they are applying. C. whether or not the position they apply for involves handling money. D. the laws in the state in which they reside. E. the level of the job.
The selling price of Old Corporation's only product is $180.00 per unit and its variable expense is $37.80 per unit. The company's monthly fixed expense is $483,480. Required: Assume the company's monthly target profit is $56,880. Determine the unit sales to attain that target profit.
What will be an ideal response?
The “Walmart paradox” refers to the fact that Walmart is
a. criticized as being bad for society while also being the largest company in the world. b. a leader in both sustainability and supply chain management. c. known for squeezing the margins of its suppliers as well as paying low wages. d. constrained by both societal stakeholders and company shareholders.