A corporation has decided to replace an existing asset with a newer model. Two years ago, the existing asset originally cost $30,000 and was being depreciated under MACRS using a five-year recovery period. The existing asset can be sold for $25,000
The new asset will cost $75,000 and will also be depreciated under MACRS using a five-year recovery period. If the assumed tax rate is 40 percent on ordinary income and capital gains, the initial investment is ________.
A) $42,000
B) $52,440
C) $54,240
D) $50,000
C
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Nick, a highly skilled technician, has been one of the most productive employees at Swank Inc. But after the company went through a downsizing effort, Nick has taken on many more responsibilities and is struggling to keep up. What is the most likely consequence of this situation?
A. Nick experiences role conflict because Swank Inc. asks him to transfer to a position overseas. B. Nick places the responsibility for maintaining positive relationships on his direct supervisor. C. Nick wonders how Swank Inc. will evaluate his performance, so he asks for a transfer. D. Nick experiences role conflict and becomes confused about what to do. E. Nick experiences role overload and becomes dissatisfied with his job.
Wal-Mart's Retail Link database is one of the world's largest databases and allows many of their suppliers to view real-time sales data of their products for each store. This allows suppliers to assess the demand for their products and to optimize their own level of inventory and related logistics costs. How is this cost savings ultimately passed on to Wal-Mart and its customers?
What will be an ideal response?
Lockbox utilization Describe the cash management technique of a lockbox, including why it is used
Which of the following refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographical area?
a. purchasing power b. balance of trade c. standard of living d. exchange rate