QUESTION

79. Metal Makers, Inc. purchased some welding equipment 6 years ago at a cost of $579,000. Today, the company is selling

Category: Business
Subject: Finance
Due Date: 02/03/2016
Question Asked: 2016-02-03 03:05:18

$1.00

Asked by:

User: LightspeedLearning
Rating: No Rating (0)
Earnings: $1.10
Questions: 369
Tutorials: 369
Send me a message

79. Metal Makers, Inc. purchased some welding equipment 6 years ago at a cost of $579,000. Today, the company is selling this equipment for $110,000. The tax rate is 34 percent. What is the aftertax cash flow from this sale? The MACRS allowance percentages are as follows, commencing with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent. 
A. $81,380
B. $95,220
C. $98,960
D. $101,540
E. $110,000


AVAILABLE ANSWERS

Click here to buy...
Join Us
Or


Purchase with additional $0.50
as a Guest
$ 1.00

79. Metal Makers, Inc. purchased some welding equipment 6 years ago at a cost of $579,000. Today, the company is selling

This answer hasn't been purchased yet.
Posted on 2016-02-03 03:05:18

Posted by:

User: LightspeedLearning
Rating: No Rating (0)
earnings: $1.10
Questions: 369
Tutorials: 369
Send me a message

Preview:

... a cost of $579,000. Today, the company is selling this equipment for $110,000. The t...

The full tutorial is about 60 words long.