Johnson wholesale corporation has purchased a new piece of equipment for $644,000, with $46,000 of that total being costs for installation. After discussions with its accounting firm the company plans to depreciate the installation costs straight-line over 5 years. The cost of capital is 7. 5% and the tax rate is 22%. Rounded to the nearest dollar, what is the present value of the cost of the equipment?.
Answers
Since the cost of capital is 7. 5% and the tax rate is 22%., the present value of the cost of the equipment is $635,811
How to solve for the present value of the cost of the equipmentThe cost of the equipment is given as $ 644, 000
The stated cost of the asset is guven as $ 46 000
The years that the installation would last is the life = 5 years
We have to solve for the depreciation
The cost of asset / life
$ 46 000 / 5 years
= 9200 dollars
We have to solve for the tax saving. This is
depreciation * tax rate
= 9200 dollars * 22%.
= $2024
we have to solve for the present value of tax saving by using the formula
=PV(rate, nper, -pmt)
The present value of tax saving is given as $ 8188.87
The present value of the cost of the equipment = equipment cost - present value of tax saving
= $644,000 - $ 8188.87
= $635,811
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Related Questions
Wendell can sell five motor homes per week at a price of $22,000. If he lowers the price of motor homes to $20,000 per week he will sell six motor homes. What is the marginal revenue of the sixth motor home?.
Answers
At a cost of $22,000, Wendell may sell five motor homes each week. If he drops the price of motorhomes to $20,000 per week, he will sell six of them, with the sixth one earning a marginal revenue of $10,000.
Short-run analysis that simply takes into account incremental costs and income is done using the marginal analysis idea. The fixed expenses and non-incremental costs are disregarded in this study.
The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.
Total revenue for all n units less total revenue for all n-1 units is the marginal revenue for the nth unit of output.
Revenue = (20000 * 6) - (22000 * 5)
Therefore, Marginal Revenue = 120,000 - 110,000 = 10,000
Hence, the sixth unit's marginal revenue is $10000.
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Do tax credits reduce the amount of tax due?
Answers
Before determining how much tax you must pay, deductions might lower your income. Credits may enhance your tax refund or lower the amount of tax you must pay.
What Is a Tax Credit?With tax credits, you get a dollar-for-dollar decrease in the amount of taxes you owe. For instance, you'll pay $3,000 less in taxes if you're eligible for a $3,000 tax credit.A tax credit may, under some circumstances, not only reduce your tax obligation but also cause a tax refund. For instance, if you are eligible for a $1,000 completely refundable tax credit but only owing $700 in taxes, you would receive a tax refund for the remaining $300 of the credit.But not every tax credit is refundable. A nonrefundable tax credit can make your tax obligation null and void, but it won't result in an IRS check for the difference if the credit is greater than your tax obligation.To Learn more About Tax Credit refer to:
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To _____ is to modify or improve upon code.
propriate
tweak
kernel
debug
Answers
Which of the following scenarios describes an advantage of a global economy?
A car company makes its products in a country known for high manufacturing requirements.
A lightbulb company expands to a country where potential workers all have the same educational background.
An electronics company manufactures products in a country where the materials cost is high.
A toothpaste company expands to another country where there is a lot of competition for jobs.
Answers
https://www.nap.edu/read/1806/chapter/7
When a financial institution makes a real estate loan to a home buyer, the transaction takes place: - When the buyer proves his creditworthiness -Illegally -In a primary market -In a secured environment
Answers
Answer:
When the buyer proves his creditworthiness
Explanation:
In simple words, the creditworthiness refers to the ability of a borrower to pay back the loan to the lender at the specified time and interest. While taking loan form a financial institution the home buyer first have to prove that he or she is able to pay back the loan taken.
Thus, from the above we can conclude that the correct option is A.
can companies collect data on you based on login information?
Answers
Answer:
yes they can (I think )not exactly sure
Question #1
Which of these products is a service?
O Pet food
O Veterinary care
O Grooming brush
O Medication for a pet
Answers
Choose all items that represent characteristics of a resume:
is a summary career portfolio data
is the same thing as a career portfolio
is not used for a job application
is typically organized by jobs or skills
is ideally one or two pages in length
Answers
Answer:
is a summary career portfolio data
is typically organized by jobs or skills
is ideally one or two pages in length
is the same thing as a career portfolio
Explanation:
HOPE THIS HELPS! :)
A Web site is an example of a cross channel of communication.
A. True
B. False
Answers
Select all of the benefits to buying a home.
Answers
Answer:
The value of the home generally increases over time
The quality of your home increases
Once the mortgage is paid in full you own the home
You can make improvements in the place
An example of a cost is _____.
revenues
principal and interest on loans
tornadoes
profits
Answers
Can I get some assistance
Answers
Question 2:5
Question 3:D
Question 4:C
Question 5:B
HELPP on question 10
Answers
Answer:
land?
Explanation:
Answer:
Land
Explanation:
Preston is creating a business proposal for a new client. He decides to add a promotional brochure describing related company services to his proposal. In which section of the proposal should he include this promotional brochure?.
Answers
He can enter the promotional brochure at the explanation part about his business.
To write proposal business you can start with a tittle page. In the tittle page is filled by the name of your business. To add a promotional brochure you can add it at the explanation about service or product line. A business plan conclusion can be described as a summary of a business plan's strengths built to convince the reader of the company's success. Because companies create business plans to get funding or investors, the conclusion should focus on how the organization makes money and why it is a good investment. The purpose of writing business proposal is to attrack and to protect. Persuasion comes from the wording of the proposal. By explanation, a proposal provide that needs to be accepted by the reader in order to succeed.
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Given two sorted arrays of size m and n respectively, you are tasked with finding the element that would be at the k’th position of the final sorted array.
Answers
By merging the two sorted arrays into one sorted array and then finding the element at the k'th position.
This can be achieved by iterating through both arrays simultaneously, comparing the elements at each index and adding the smaller one to the new array until all elements have been added. Once the merged array has been created, the element at the k'th position can be found simply by accessing the element at the index k-1.
It is important to note that if m + n < k, then it is impossible to find the k'th element as it does not exist in the merged array. Additionally, if either of the arrays is empty or k is less than or equal to zero, then there is no element at the k'th position.
In conclusion, merging two sorted arrays and finding the k'th element in the merged array can be achieved through a simple algorithm that compares elements at each index and adds the smaller one to a new array. It is important to consider edge cases where it may not be possible to find the k'th element.
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What is the main difference between wealth and income?
Answers
Wealth and income are related but distinct concepts. Income refers to the money that a person earns from employment, investments, or other sources on a regular basis, typically measured on a yearly or monthly basis.
It is considered a flow of money, meaning that it is received periodically over time.
Wealth, on the other hand, refers to a person's net worth, or the total value of their assets minus their liabilities. It is a stock concept, meaning it represents a snapshot of a person's financial situation at a specific point in time.
In simple terms, income is the money a person earns, while wealth is the money a person has saved and accumulated. So, a person can have a high income but low wealth if they spend all their money and have few assets or a high wealth but low income if their assets generate little or no regular income.
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question 2 compared with married individuals, divorced individuals have a. a higher standard of living. b. less money and resources. c. little change in their economic circumstances. d. dramatically improved economic circumstances.
Answers
The correct answer is c. little change in their economic circumstances. compared with married individuals, divorced individuals.
The status of macroeconomic variables and trends in a nation at a given period is referred to as the economy. These factors might be the capacity for GDP growth, the unemployment rate, inflation, and the inclinations of fiscal and monetary policy. The term "Changes in Economic Conditions" refers to broad changes in the economy that have an impact on financial institutions, such as, but not limited to, shifts in current market interest rates or the outlook for future interest rates. One of the external elements influencing corporate decision-making is economic change. A change in the economy's structure, policies, or rate of growth is referred to as economic change. GDP may be used to gauge economic growth.
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How long does a trademark last? _____ five years fifteen years twenty years ten years
Answers
Answer:
10 years.
Explanation:
Answer:
ten years
Explanation:
PLEASE HELP !!!
If you are not interested in a particular job, simply ignore efforts the company makes to contact you.
T OR F
Answers
It is false because it's important to maintain a professional and respectful attitude towards potential employers or the company, even if you're not interested in the job. Ignoring their attempts to contact you could harm your professional reputation and future job prospects.
A company is a legal entity that is formed to carry out business activities. It is usually created by a group of individuals who come together to achieve a common goal of providing goods or services to customers in exchange for money.
The purpose of a job provided by the company is to provide individuals with a means to earn a living, develop skills and experience, and contribute to society through their work.
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Which situations offer examples of Banking and Related Services workers? Check all that apply.
Anna analyzes loan applicants to decide whether to give them loans.
Aaron helps customers put money into and remove money from their accounts.
Jared researches the credit history of people applying for credit.
Tamara reviews the finances of a business to determine whether it is profitable.
Raquel helps individuals and companies prepare their tax forms.
Troy helps a family create a budget to save more money.
Answers
Anna provides loan applicants to decide to give them loans, put money into and remove money from their accounts and Jared researches the credit history, hence options A, B and C are correct.
What are Banking and Related Services workers?The five most significant banking services include checking and savings accounts, loan and mortgage services, wealth management, issuing credit and debit cards, and overdraft services.
An individual who works for a bank and assists customers with standard financial transactions is known as a bank teller or bank clerk.
They do daily tasks that include processing withdrawals, making deposits, and giving customers of bank money orders or cashier's checks.
Therefore, these services also comprise analysis loan applicants with basic features and a device for utilizing the account (such as a debit card and online banking ID), hence options A, B, and C are correct.
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Answer:here the answer for this question
Explanation:edge2023
Why is it a good idea to be organized in the workplace?
Answers
It is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
What is workplace?A workplace is described as a place where an employee or a manager carries out projects, tasks, and jobs. It is important to mention that workplaces are the areas that are located inside a building or can be outside an office building.
An organized workplace means that everything in the workplace is kept in its respective places, and everything is very neat and clean. Such an organized workplace will allow the managers and the employees to focus entirely on the work and be more productive and efficient.
It can be concluded that it is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
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I need someone to help me
Answers
What's the problem? I'd be happy to help you if you would be willing to specify what you need help with.
For the business you identified for Week-1 discussion, think about the competitive setting in which it operates. Provide an example of how this business might define the utility/payoff they provide per customer. How can a competitor’s action in this industry be defined in a game theory setting?
below is the week one topic used
week 1 i have used this topic
Any occurrence that a firm is unable to predict or directly affect and that could have negative effects is referred to as "business uncertainty."
As the economy shifts, so does the level of uncertainty in the business world. Uncertainty in business can be caused by a variety of variables, including shifts in demand, government policy, and new technology. As unexpected and rare as they may be, natural disasters clearly have an influence on business.
There are many low-cost ways to keep future competitors out of the market. Even a corporation can use price cuts to attract clients who are price-sensitive. Technology or product superiority can be utilised to differentiate products or services.
Forming a corporation, a partnership, a sole proprietorship, or a cooperative in the Philippines is an option open to both foreign and local investors.
Uncertainty in the external business environment can arise from a variety of causes, including inadequate customer needs, technological advancements, legislation, and the removal of international trade barriers.
Any firm must have a certain amount of uncertainty in order to succeed. Entrepreneurs are well-aware that there is no reward without some level of risk. Our investment and speculative activities, therefore, are characterised by a high degree of unpredictability.
Uncertainty about profits or losses, as well as the possibility of future events posing a risk to the business and resulting in its demise, are all examples of business risk.
Uncertainty is a state of doubt. When you're unclear about whether you want to accept a new position, uncertainty sets in. Many people are afraid of what may happen in the future because of the state of the economy.
If people are confident in their views, it is easier for them to defend their views, behave in accordance with them, and try to encourage others to do the same.
You need to know how much time and effort you're willing to put in, the potential of your product, where to start, how to advertise it, and how to keep track of the outcomes. Good news: you're not alone.
Your products and services can be advertised more effectively with the help of marketing, which enables you to reach a specific audience. Using this tool, you can tell, demonstrate, and prove to others how fantastic your company is and how it can benefit them more effectively..
Answers
This can include factors such as quality, price, convenience, customer service, and unique features that differentiate the business from competitors.
In the identified business, let's consider a fitness center as an example. The utility/payoff provided per customer can be defined by the range of services offered, the quality of equipment and facilities, the expertise of trainers, the convenience of location and operating hours, and the overall customer experience.
For a fitness center, the utility/payoff for customers could be defined as follows:
1. Quality of Services: Providing a variety of fitness programs, personalized training plans, and access to modern equipment to help customers achieve their fitness goals effectively.
2. Convenience: Offering flexible membership options, convenient operating hours, and multiple locations to cater to the diverse needs and schedules of customers.
3. Customer Service: Ensuring friendly and knowledgeable staff, attentive customer support, and a welcoming environment that makes customers feel valued and motivated.
4. Additional Amenities: Providing amenities like locker rooms, showers, group exercise classes, and wellness services to enhance the overall experience and convenience for customers.
In a game theory setting, a competitor's action in the fitness center industry could be defined as a strategic move aimed at gaining a competitive advantage and capturing a larger share of the market. Competitors may adopt various strategies, such as:
1. Price Competition: Offering discounted membership rates or promotional packages to attract price-sensitive customers.
2. Differentiation: Introducing unique features, specialized training programs, or innovative fitness technologies to stand out from competitors and attract customers seeking specific benefits.
3. Marketing and Branding: Investing in effective marketing campaigns, targeted advertising, and building a strong brand image to increase customer awareness and loyalty.
4. Partnerships and Collaborations: Forming alliances with complementary businesses, such as nutritionists or sports apparel brands, to provide additional value to customers and create a competitive edge.
In the game theory framework, businesses must analyze the potential actions and responses of competitors to strategically position themselves and adapt their offerings to stay competitive and attract customers. By understanding the utility/payoff they provide per customer and anticipating competitor actions, businesses can develop effective strategies to differentiate themselves and succeed in the competitive market.
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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answers
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.
Answers
Answer:
Were the only coffeehouse to offer premium coffee during extended hours.
Explanation:
Starbucks has a significant share in global markets, it has developed it in not so long time.
Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.
Which statement best defines tuition?
Tuition is federal money awarded to a student.
Tuition is aid given to a student by an institution.
Tuition is money borrowed to pay for an education.
Tuition is the price of attending classes at a school.
Answers
Answer:
D
Explanation:
Edge 2021
The statement that best describes tuition is the price of attending classes at a school.
What is tuition?Tuition is the payment made by a student for instruction or lessons received at a college or university. The tuition payed by a student depends on:
the complexity of the course: the more complex the course is, the higher tuition would be.the duration of the course: the longer the course is, the higher tuition would be.To learn more about tuition, please check: https://brainly.com/question/16882987
Quinoa, a California CPA, is considering her continuing professional education requirements for her license renewal. Her practice consists of tax preparation, bookkeeping, and some compiled financial statements. She does not perform audits of financial statements. Approximately two-thirds of her gross revenue is generated from the preparation of tax returns and, as such, she would like to take all tax classes to meet her continuing education requirement for license renewal. Which of the following is correct?
a. Quinoa may use all of her CPE hours on tax courses, so long as she meets the required 80 hours.
b. Quinoa may use all of her 80 hours of CPE on qualifi ed tax update courses if she is not required to take a CaliforniaRegulatory Review course this renewal period.
c. If Quinoa takes only 80 hours of CPE, some of those hours must include topics other than tax.
d. None of the above
Answers
The correct answer is (c) If Quinoa takes only 80 hours of CPE, some of those hours must include topics other than tax.
According to the California Board of Accountancy, licensed CPAs are required to complete 80 hours of continuing education every two years in order to renew their licenses. At least 20 of those hours must be in accounting and auditing, and four hours must be in ethics. The remaining 56 hours may be in any subject related to accounting or business, including tax.In Quinoa's case, since approximately two-thirds of her gross revenue is generated from tax preparation, she would like to take all tax classes to meet her continuing education requirement. However, if she takes only tax courses and does not fulfill the required 20 hours in accounting and auditing, then she would not meet the requirements for license renewal. Therefore, option (c) is the correct answer.Option (a) is incorrect because while Quinoa may use all of her CPE hours on tax courses, she still must meet the required 20 hours in accounting and auditing and four hours in ethics.Option (b) is incorrect because even if Quinoa is not required to take a California Regulatory Review course this renewal period, she still must meet the required 20 hours in accounting and auditing and four hours in ethics.
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Solve applications in business and economics using integrals. If the marginal cost of producing x units is is given by C'(x) = 8x, find the total cost of producing the first 20 units
Answers
The total cost of producing the first 20 units is $1600. we need to integrate the marginal cost function C'(x) = 8x with respect to x.
The integral of C'(x) gives us the total cost function C(x). Integrating 8x with respect to x gives us:
C(x) = ∫8x dx = \(4x^2\) + C
Where C is the constant of integration.
To determine the value of C, we can use the information that the total cost of producing 0 units is $0 (assuming no fixed costs). Substituting x = 0 and C = 0 into the total cost function:
C(0) = \(4(0)^2\) + C
0 = 0 + C
C = 0
Now we have the total cost function:
C(x) = \(4x^2\)
To find the total cost of producing the first 20 units, we substitute x = 20 into the total cost function:
C(20) = \(4(20)^2\) = 1600
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Banks which provide services entirely through mobile and digital channels with lower cost structures are _________.
Answers
Banks which provide services entirely through mobile and digital channels with lower cost structures are neobanks.
Neobanks are a new type of bank that provides the same services as retail banks but without the retail presence. Neobanks are entirely online and strive to improve through technology and convenience.
Though there are still some doubts about neobanking, its use is becoming more common around the world. According to Statista, the number of users who have adopted neobanking will exceed 370 million by 2027. Because these banks are entirely online, they have low overhead and are thus more likely to provide unique features that traditional banks do not, such as foreign exchange services, multi-currency accounts, and so on.
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The best time to visit a college campus is:
A: During spring break
B: Over the summer
C: on any Friday
D: Monday Through Friday
Ap3x
Answers
Answer:
D.
Explanation:
The best time to visit a college campus is over the summer. Thus, option 'D' is the correct option.
When is the best time to do college tours?Since many universities start their autumn term as early as mid-August, it is ideal to visit during the late summer and early September before senior year. If you've already done your study in college, the spring of your junior year is a terrific time. If you participate in autumn sports or are thinking about applying under early action or early decision programs, which often have application deadlines in November of your senior year, spring break is also an excellent idea.
Seniors might find it more beneficial to postpone their visits until the fall or winter. Seniors may be able to restrict their college choices at that time. To entice them to enrol, several institutions offer their chosen prospects to stay a few days on campus before the May 1 reply deadline.
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