1

# A company invested in an automated sorting machine for \$650,000. The installation costs incurred were \$150,000....

## Question

###### A company invested in an automated sorting machine for \$650,000. The installation costs incurred were \$150,000....

A company invested in an automated sorting machine for \$650,000. The installation costs incurred were \$150,000. The CNC mill has a MACRS-GDS 5-year property class. The BT&LCF is \$350,000 per year, and the company’s tax rate is 40%.

1. The company used the all allowable depreciation deductions during the first year. The company has decided to sell the asset during year 4, what is the depreciation allowance for year 1.

#### Similar Solved Questions

##### 2.2) sh DI ang 100 C osh Question 7 (2.5 points) What's happening in the diagram?...
2.2) sh DI ang 100 C osh Question 7 (2.5 points) What's happening in the diagram? a) There's a recessionary gap of \$1,200. b) Taxes should fall by \$200. c) Autonomous consumption must rise by \$140. d) The MPC equals 0.2. e) The spending multiplier equals 10. Question 8 (2.5 points) According...
##### 1. Cost Concept Review the cost concept. Consider a delivery truck that was purchased for \$20,000...
1. Cost Concept Review the cost concept. Consider a delivery truck that was purchased for \$20,000 and its useful life is 10 years. Assume the truck's value declines linearly. a. What would be the "book value of the truck on a balance sheet prepared: i. 2.0 years after purchase ii. 11.0 years...
##### Check below? (geometry involved)
Given isosceles triangle #AhatBC# #(AB=AC)# circumscribed in a circle with radius #r=1# . Consider #x# the height of the triangle #AhatBC# from the vertex #A#. #a)# Prove that #BC=2sqrt(x/(x-2))# #color(white)(aa)# , #x>2# #b)# Find the value of #x# for which the area of the triangle #AhatBC#...
##### You are evaluating a stock for purchase. you estimate that the firm will pay the following...
you are evaluating a stock for purchase. you estimate that the firm will pay the following dividends in the coming years: Year 1: \$2 Year 2: \$2.50 Year 3: \$3 After the third year, the dividend is expected to grow at a long-term rate of 8%. Your required rate of return is 10%. A. What is the intrinsi...
##### Al 5. Three sisters (Anna, Belle, and Chloe) wish to use the Kaaster Inheritance Procedure to...
al 5. Three sisters (Anna, Belle, and Chloe) wish to use the Kaaster Inheritance Procedure to divide pieces of furniture they shared as children. Their bids on each of the items are given in the following table. Determine the final outcome of this fair division if the three are to receive shares Ite...
##### Can some explain what the correct answer is? They are the ones with the red x....
Can some explain what the correct answer is? They are the ones with the red x. Thanks Award: 5 out of 10.00 points You are considering a stock investment in one of two firms (NoEquity, Inc., and NoDebt, Inc.), both of which operate in the same industry and have identical operating income of \$32.5...
##### Consider the following events: : 25,000 shares of preferred stock, cumulative, 5%, \$40 par was issued...
Consider the following events: : 25,000 shares of preferred stock, cumulative, 5%, \$40 par was issued for \$60/share. • The annual cash dividend was declared and paid to the above preferred stock. The company purchased 12,000 shares of common stock at \$68 per share to be held as Treasury stock. ...
##### Question 7 The solubility of Cr(OH)3 in water is 1.26 x 10-8 M at 25 °C....
Question 7 The solubility of Cr(OH)3 in water is 1.26 x 10-8 M at 25 °C. Calculate the Ksp value for Cr(OH)3. A. 6.80 x 10-31 B. 1.98 x 10-24 C.1.26 x 10-8 OD. 1.58 x 10-16 E. 2.48 x 10-32 > A Moving to another question will save this response....
##### Disasters take on many faces. They may be natural or man-made. We now live in a...
Disasters take on many faces. They may be natural or man-made. We now live in a global environment, so diseases can spread person to person and continent to continent in days. Your assignment is to write 2 page paper. Discuss potential future pandemics and what proactive preparations should be done ...
##### What is an atom?
What is an atom?...
##### Write equations that show the processes that describe the first, second, and third ionization energies for...
Write equations that show the processes that describe the first, second, and third ionization energies for a gaseous aluminum atom. Express your answers as chemical equations separated by commas. Identify all of the phases in your answer. _____ Part B Which process would require the least amount of ...
##### Interpret the empirical formula: Na_2SO_4 Interpret the molecular formula: Na_2SO_4
Interpret the empirical formula: Na_2SO_4 Interpret the molecular formula: Na_2SO_4...
##### 3. What is the purpose of washing a precipitate? Briefly explain how this is done. 4....
3. What is the purpose of washing a precipitate? Briefly explain how this is done. 4. In addition to the step-by-step instructions, the flow chart found on the previous page in quite useful in keeping track of the cations during the experiment. Sketch the flow chart so that the scheme is familiar be...
##### Ramo & Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, and then sells...
Ramo & Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, and then sells the T-shirts to a number of retailers. Ramo wants to be known for its trendsetting designs, and it wants every teenager to be seen in a distinctive Ramo T-shirt. Ramo presents the following data f...