The net profit (after-tax cash flow) from selling the old equipment today is $78.5 million.
Your luxury gym is considering upgrading its swimming pool and needs to calculate the net profit (after-tax cash flow) from selling the old equipment. The initial cost of the equipment was $115 million, with an assumed life of 5 years and a salvage value of $15 million for tax purposes. The gym uses straight-line depreciation, which means that the depreciation expense is evenly distributed over the 5-year life of the equipment.
To calculate the annual depreciation expense, subtract the salvage value from the initial cost and divide by the useful life:
($115 million - $15 million) / 5 years = $100 million / 5 years = $20 million per year.
Since the equipment was last upgraded 2 years ago, the accumulated depreciation so far is:
$20 million per year * 2 years = $40 million.
The current book value of the equipment is the initial cost minus the accumulated depreciation:
$115 million - $40 million = $75 million.
Now, if the gym sells the equipment today for $80 million, there is a gain on the sale of the equipment, which is the selling price minus the book value:
$80 million - $75 million = $5 million.
The gym will have to pay taxes on this gain, which is calculated as 30.0% of the gain:
$5 million * 30.0% = $1.5 million in taxes.
Finally, to calculate the net profit (after-tax cash flow) from the sale, subtract the taxes from the selling price:
$80 million - $1.5 million = $78.5 million.
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1. Give the three (3)
business resources
Answer:
Financial Resources
Human Resources
Educational Resources
Explanation:
What is the average salary for a person living in texas.
Answer:
Texas' average annual wages were $57,382
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character from Riverdale
Answer:veronica
Explanation:
sure
Answer:
yes i love riverdale my fav character is cheryl or betty
Explanation:
The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
If you can afford it, why is it a great idea to pay MORE than your amortized payment on a car, home, or other loan? Select all that apply.
Paying more than your amortized payment on a car, home, or other loan can be a great idea for several reasons.
What are those reasons?
1. Reduced interest costs: By making extra payments, you decrease the principal balance faster, which reduces the total interest you pay over the life of the loan.
2. Shorter loan term: Paying more than the amortized payment allows you to pay off the loan faster, reducing the overall term of the loan.
3. Increased equity: For assets like a home, making extra payments helps build equity more quickly, which can be beneficial for refinancing or selling the property in the future.
4. Improved credit score: Paying down loan balances faster can positively impact your credit score, as it lowers your credit utilization ratio. If you can afford to make extra payments on your loan, these benefits make it an excellent financial strategy.
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Which sequence of HACCP principles is in the correct order?
A.
Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.
B.
Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.
C.
Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.
D.
Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.
E.
Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.
Answer:
B
Explanation:
Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .
The sequence of the first three of the seven principles are
1. Conduct hazard analysis to determine potential risks related to food protection
2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health
3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.
Answer:
B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP
Explanation:
Which of the following is one of the main things to consider when evaluating a business opportunity?
A.
Customer demand for the product
B.
Style and entertainment trends
C.
The number of employees you plan to have
D.
The mission statements of competitors
One of the main things to consider when evaluating a business opportunity is option A. customer demand for the product.
Customer demand for the product refers to products and services that customers buy. It includes the quality, quantity, and trends in the products and services preferred by the customer.
Business opportunities rely on customer demands for the product and services. An increase in customer demands will increase the growth of business opportunities.
Meeting customer demands will increase the trust level of customers. It will also increase the hiring of employees and production level. If the demand for a product or service is high, the price will also increase. Production will also be increased to meet customer demand.
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What is the relationship between costs of materials and distribution channels?
Answer:
A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.
Explanation:
Click or tap Quizmo, the InQuizitive alien, in the upper left-hand corner. See what happens, and complete the following sentence. Clicking or tapping Quizmo takes you to the "Take a ________" screen.
Answer:
test
Explanation:
The given quiz has displayed the picture of a African tiger. The test requires to identify the animal with the given picture. The African tiger are slightly different from the other tigers. They have unique facial cuts and their constant anger is known for their nature.
what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
If Dallas Company billed a client for $10,000 of consulting work completed, the accounts receivable asset increases by $10,000 and: Multiple Choice Accounts payable decreases $10,000. Accounts payable increases $10,000. Cash increases $10,000. Revenue increases $10,000. Revenue decreases $10,000.
In the event that Dallas Company bills a client, the account that will increase along with accounts receivable is a Revenue increase of $10,000.
Accounts affected Accounts receivable will increase because the client will owe Dallas Company. Revenue will increase as well because Dallas Company is earning revenue from the consulting work.The increase to the Revenue account will be the amount charged for consulting work which is $10,000.
In conclusion, option D is correct.
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Unlike other types of research, a cross-sequential design allows researchers to ________.
Unlike other types of research, a cross-sequential design allows researchers to examine cohort effects and age-related changes by observing several age groups over time.
A cross-sequential design is a research method that combines both cross-sectional and longitudinal approaches. It allows researchers to study different age groups over a period of time, comparing them at specific points and tracking their development.
This design provides a unique advantage by allowing researchers to examine both age-related and cohort effects.
1. First, researchers select participants from different age groups, such as children, adolescents, and adults.
2. They collect data from these participants at one point in time, capturing a snapshot of their characteristics and behaviors.
3. Then, they continue to collect data from the same participants over a longer period, such as several years or decades.
4. By comparing the initial data with the subsequent measurements, researchers can determine how individuals change over time and how different age groups differ from each other.
5. This design also enables researchers to distinguish between age-related changes (e.g., cognitive decline in older adults) and cohort effects (e.g., differences in technology use between generations).
6. The combination of cross-sectional and longitudinal elements allows for a more comprehensive understanding of developmental patterns.
In summary, a cross-sequential design enables researchers to examine both age-related changes and cohort effects by studying different age groups over time. This method offers a unique perspective on how individuals develop and how different generations may differ from each other.
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In some countries, the work a person does is mandated by their parents. Please select the best answer from the choices provided T F.
Answer:
The statement "In some countries, the work a person does is mandated by their parents" is True. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions here in Brainly.
Explanation:
Benefits may include things like health insurance, life insurance, retirement funds, equity opportunities (stock in the company), and tuition assistance.
True
False
Answer:
True
Explanation:
Benefits are things that improve the well-being of employees. They could be in monetary or non-monetary format. The Majority of benefits relate to employees' healths and their life after retirement.
Apart from salaries, employers offer benefits to employees to make the job offer more attractive. Benefits also act as a source of motivation for workers. They are a way of showing that the employer cares for the workers. Benefits improve the employer-employee relationship.
What type of firm helps consumers and businesses build
portfolios for their financial future?
PLEASE HELP ILL GIVE BRAINLYEST
Answer: the answer is investment
Explanation: i just did the quiz
Investing firms help consumers and businesses build portfolios for their financial future. Investment banks' responsibilities include underwriting new stock issues, building portfolios, and acting as financial advisors.
What is the Importance of investment firms?Investment banks benefit the broader financial markets and the economy by connecting buyers and sellers, hence increasing market liquidity. Banks' actions also improve the efficiency of financial development and support corporate expansion, which benefits the economy.
An investment bank's principal purpose is to assist businesses and governments on how to address financial issues. Investment banks provide financing, research, trading and sales, wealth management, asset management, IPOs, mergers, securitized products, hedging, and other services to their clients.
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caroline company began operations in 2018. the company reported $128,000 of depreciation expense on its income statement in 2018 and $84,000 in 2019. on its tax returns, the company deducted $192,000 for depreciation in 2018 and $112,000 in 2019.
Caroline Company reported $128,000 of depreciation expense on its income statement in 2018 and $84,000 in 2019. However, on its tax returns, the company deducted $192,000 for depreciation in 2018 and $112,000 in 2019.
Depreciation is the systematic allocation of the cost of an asset over its useful life. It is used to reflect the wear and tear or obsolescence of the asset over time.
The depreciation expense reported on the income statement represents the portion of the asset's cost that is allocated as an expense for that year. In this case, Caroline Company reported $128,000 in 2018 and $84,000 in 2019.
On the other hand, the depreciation deduction on the tax returns represents the amount that the company is allowed to deduct from its taxable income. This deduction may differ from the depreciation expense reported on the income statement due to tax regulations and rules.
In this case, Caroline Company deducted $192,000 for depreciation in 2018 and $112,000 in 2019 on its tax returns. The difference between the depreciation expense and the tax deduction could be due to different depreciation methods or rules used for financial reporting and tax purposes.
Therefore, the company reported depreciation expenses of $128,000 in 2018 and $84,000 in 2019 on its income statement. However, it deducted $192,000 for depreciation in 2018 and $112,000 in 2019 on its tax returns. The difference between the two can be attributed to variations in depreciation rules and regulations for financial reporting and taxation purposes.
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Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung-balance method at 150 percent of the straight-1,1e tate. Waller expects to use the equipment for 10 years. At the end of which it will have an estimated salvage valueef 54.000. Prepare a comparison of these IWO alternatives for the fast two yews Waller will oun the equipment
Answer:
Waller Company
Comparison of Straight-line Depreciation and Declining Balance Methods
Straight-line method Declining balance method
Cost of equipment $24,000 $24,000
1st year depreciation exp. 1,860 2,760
Net book value 22,140 21,240
2nd year depreciation exp. 1,860 2,371.50
Ner book value 20,280 18,868.50
Explanation:
a) Data and Calculations:
Cost of purchased equipment = $24,000
Duration of useful life = 10 years
Estimated salvage value = $5,400
Depreciable amount under the straight-line method = $18,600
Depreciation expense per year under the straight-line method = $1,860 ($18,600/10)
Under the declining balance method:
The depreciation rate = 10% * 150% = 15% per year
Depreciation expense for the first two years:
Year 1, 15% of $18,600 = $2,760
Year 2, 15% of ($18,600 - 2,760) = $2,371.50
A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
Suppose, Joe owns a custom decal shop. The Merry Maids maid service company orders seven $100 decals for its company vehicles. Then the maid service breaches the contract after the goods were produced, but before they were delivered. As a result, Joe has a bunch of custom decals for the maid service that he cannot resell. However, by a stroke of luck, a maid service from a nearby city that is also named Merry Maids desires labels for their car. They pay $50 per label for the seven labels that Joe already made. If Joe were to sue for damages, how much could he recover
Answer:
$350
Explanation:
Calculation to determine how much could he recover
Using this formula
Recovering Amount=Amount paid per Label*Numbers of Label already made
Let plug in the formula
Recovering Amount=$50*7
Recovering Amount=$350
Therefore If he were to sue for damages the amount he could recover is $350
1) The skills and knowledge a person has acquired through experience and/or
education.
O Human Capital
O Entrepreneurial talents
O Physical Capital
O Perfect competition
Answer:
O Human Capital
Explanation:
Human capital is an employee's knowledge, skills, and competencies that a company uses in productivity. It is the attributes of labor that impact production and influence compensation. Human capital is enhanced through education, job training, work experiences, and research.
Human capital is compensated through wages and salaries. Its cost is monetized as labor and is one of the factors of production.
Of the following items, which one or ones describe items beneficial to your credit score? choose all that apply. low debt amount low debt amount short credit history length short credit history length multiple lines of credit multiple lines of credit payments are made on time
The statement that is beneficial to credit score is multiple lines of credit payments are made on time
What is Credit Score?In simply terms credit score is a record of history of how actively an inddividual services their debt or loan.
A positive credit score is advantageous in that financial institution are confident when given such a person loan
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Why might individuals decide to become entrepreneurs? Attempt to name at least three reasons why
someone may become an entrepreneur. How might altruism (acting for the good of others) affect one's
choice to ben an entrepreneur?
You must write at least a one paragraph (3-4 sentences) post to the prompt.
People may become entrepreneurs so that they would have to take care of businesses themselves.
Why people would want to be entrepreneursIndividuals may decide to become entrepreneurs for a variety of reasons, including:
Flexibility and independence: Entrepreneurs have the ability to create their own schedule, make their own decisions, and pursue their passions and interests.
Financial potential: Entrepreneurship can offer the potential for financial gain and the opportunity to build wealth.
Creativity and problem-solving: Entrepreneurs have the chance to bring innovative ideas to the market and solve complex problems in new ways.
Altruism may influence an individual's decision to become an entrepreneur by driving them to start a business that has a positive impact on society or solves a social issue. The desire to make a difference in the lives of others can motivate an entrepreneur to create a business that provides a solution to a problem or addresses a need in their community.
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The main requirement for a trademark is distinctiveness. True False. it is actually TRUE. ignore what other people tell you.I got it wrong and the people saying false is wrong.
Answer:
Yes, it is True but what exactly is the question? I will edit this once you comment and tell me. If you don't have a question, feel free to delete this.
Explanation:
Answer:
True
Explanation:
The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag and an equilibrium quantity of 3.33 million bags. Suppose that, in an attempt to lower blood pressure and reduce healthcare costs, the government imposes a $1.00 excise (or commodity) tax on potato chips. Scroll down to answer all 6 parts of the question
a. Suppose the government levies this tax on manufacturers for each bag of potato chips they produce. Please shift the curve(s) to illustrate this.
b. What is the price paid per bag by consumers (Pc) after the production tax?
c. What is the price received net of tax (Pp) per bag by producers after the production tax?
d. Suppose the government, instead of levying the tax on producers, levies this tax on consumers for each bag of potato chips they purchase. Please shift the curve(s) to illustrate this.
e. What is the effective price paid per bag by consumers (Pc) after the consumption tax?
f. What is the price received net of tax (Pp) by producers after the consumption tax?
A market-clearing price, often referred to as an equilibrium price, seems to be the consumer cost associated with a good or service when the demand and supply are equal or nearly equal.
By equilibrium pricing, what do you mean?Economic equilibrium in economics refers to a scenario where demand as well as supply are balanced and the values underlying economic variables do not change in the absence of outside factors.
1. As the tax levied is $1, the supply curve rises by $1 from of the equilibrium price.
2.2(3.33/$1.67)
3. 1(3.33/($1.67+$1)
4. From the equilibrium price, the demand curve declines by $1. (due to tax imposed)
5. 2(3.33/$1.67)
6. 1(3.33/($1.67+$1)
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Selma deposited a paycheck for $378. 42. She’ll use the check register to record her transaction. What will be her new balance? A checking account has a balance of 2636 dollars and 41 cents. $2,257. 99 $2,337. 06 $3,014. 83 $3,057. 31.
Answer:
$3,014. 83
Explanation:
So basically, just add the checking account balance to the amount she's depositing. So the equation should look like $378.42 + 2,636.41. Add it all up and you get $3,014.83
Hope this helps :)
PLEASE HELP WITH THIS
Supplies Expense 2,900,Supplies 2,900This entry records the supplies used during the year. The Supplies Expense account is debited for the amount of supplies used.
What is year ?Year is a measurement of time that is commonly defined as the number of full rotations of the earth around the sun. A year is typically divided into twelve months, each of which consists of thirty to thirty-one days. Depending on the calendar system, a year can also include an extra day or two to account for the fraction of a rotation that is leftover. In most cases, a year is 365 days long, although leap years are 366 days long. The length of a year determines how we mark the passage of time and when events are celebrated.
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PLEASE HELP AND QUICKLY!! Why is doing timely reconciliations a key part of internal control activities
A. Checks usually expire after two weeks
B. It is part of the Sarbanes-Oxley legislation
C. It is much easier to correct mistakes if they are caught early
D. It ensures accounts filed with the government are accurate
D and
Definition:
Reconciliation is the process of comparing transactions and activity to supporting documentation. Further, reconciliation involves resolving any discrepancies that may have been discovered.
Purpose:
The process of reconciliation ensures the accuracy and validity of financial information. Also, a proper reconciliation process ensures that unauthorized changes have not occurred to transactions during processing
Answer: c
Explanation:
just got the answer wrong because of the other “answer” on this question
which colonial subregion had the highest demand for enslaved labor because its economy focused on growing cash crops on plantations?
The need for enslaved labour was greatest in the Southern Colonies because of their emphasis on cultivating cash crops on plantations.
What is meant by colonialism?The practice of colonialism involves one country assuming complete or partial political control over another and settling there with settlers in order to take advantage of that country's resources and economy. Colonialism and imperialism can be difficult to discern from one another because both involve the political and economic dominance of a dominating country over a weakly defended province.
When British colonists arrived in what would become known as Virginia and divided the land into vast areas suitable for farming, the plantation system emerged in the American South. Africa was first included in this global economic structure, but not as a source of agricultural products. Rather, it served as a labor reserve to supply slaves to Western Hemisphere plantations.
Despite the region's good agro-climatic appropriateness for agricultural crops, the slave trade primarily displaced cash crop cultivation for three centuries. These plantations were built on territory that had been seized through broken, ignored, and dishonest treaties or open violence from native peoples. One of the biggest waves of rural-rural migration in African history served as a catalyst for economic expansion in these cash crop zones.
Colonial states may have exacerbated the movement of labour and capital that was already taking place as a result of shifting market conditions by partitioning their territory into productive and labour extraction zones.
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