A bakery invests $40,000 in a light delivery truck. This was depreciated using the five-year MACRS schedule shown above
If the company sold it immediately after the end of year 2 for $21,000, what would be the after-tax cash flow from the sale of this asset, given a tax rate of 40%?
A) $11,520
B) $9480
C) $3792
D) $17,208
Answer: D
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There are many possibilities for the background and text color you select. The best contrast is
A) Black text on white background. B) Yellow background with blue text. C) A textured background with black text. D) Blue text on a white background.
Most free hosting services make money by selling ________.
What will be an ideal response?
Mantle Corporation is considering two equally risky investments: ? A $5,000 investment in preferred stock that yields 6.75%.? A $5,000 investment in a corporate bond that yields 10.00%.What is the breakeven corporate tax rate that makes the company indifferent between the two investments? Assume a 70.00% dividend exclusion for tax on dividends. (Do not round your intermediate answer and round your final answer to two decimal places.)
A. 46.87% B. 34.23% C. 37.08% D. 40.75% E. 50.13%
Your home was damaged by a hail storm. This will require a police report in order for you to file a claim
Indicate whether this statement is true or false.