{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T18:15:35-04:00", "answer_date": "2024-05-26 18:15:35", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1754124", "url": "\/study-help\/questions\/20-8-brief-exercise-1226-algo-a-company-purchases-an-1754124", "question_creation_date_js": "2024-05-26T18:15:35-04:00", "question_creation_date": "May 26, 2024 06:15 PM", "meta_title": "[Solved] 20 8 Brief Exercise 12-26 (Algo) A compan | SolutionInn", "meta_description": "Answer of - 20 8 Brief Exercise 12-26 (Algo) A company purchases an asset that costs... [LO 12-5] A company purchases an asset tha | SolutionInn", "meta_keywords": "20,8,exercise,12-26,algo,company,purchases,asset,costs,lo,12-5,$22.000", "question_title_h1": " 20 8 Brief Exercise 12-26 (Algo) A company purchases an asset that costs... [LO 12-5] A company purchases an asset that costs $22.000. This", "question_title": " 20 8 Brief Exercise 12-26 (Algo) A company purchases an asset", "question_title_for_js_snippet": "20 8 Brief Exercise 12 26 (Algo) A company purchases an asset that costs LO 12 5 A company purchases an asset that costs $22 000 This asset qualifies as three year property under MACRS The company uses an after tax discount rate of 10 and faces a 35 income tax rate (Use Table 1 Table 2 and 12 4) 1 Demonstrate that the PV of the depreciation deductions, when the income tax rate is 35 is $6,406 2 Given an after tax discount rate of 10 what tax rate would be needed in order for the PV of the depreciation deductions to qual $7700 Use the Goal Seek function of Excel Complete this question by entering your answers in the tabs below Required Required 2 Demonstrate that the PV of the depreciation deductions, when the income tax rate is 33 , $6,406 Ajank intermediate calculations Round all dar as to deal Year MACRES T 2 3 4 Depreciation Deduction PV Pres Sens Fact Values Required 2 ", "question_description": "\"image\"image\"image\"image\"image", "transcribed_text": "20 8 Brief Exercise 12-26 (Algo) A company purchases an asset that costs... [LO 12-5] A company purchases an asset that costs $22.000. This asset qualifies as three-year property under MACRS. The company uses an after tax discount rate of 10% and faces a 35% income tax rate (Use Table 1. Table 2 and 12.4) 1. Demonstrate that the PV of the depreciation deductions, when the income tax rate is 35% is $6,406 2. Given an after-tax discount rate of 10% what tax rate would be needed in order for the PV of the depreciation deductions to qual $7700? Use the Goal Seek function of Excel Complete this question by entering your answers in the tabs below. Required Required 2 Demonstrate that the PV of the depreciation deductions, when the income tax rate is 33%, $6,406 Ajank intermediate calculations. Round all dar as to deal Year MACRES T 2 3 4 Depreciation Deduction PV Pres Sens Fact Values Required 2>", "related_book": { "title": "Financial Accounting", "isbn": "78111021, 978-0078111020", "edition": "7th Edition", "authors": "LibbyShort", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/72.jpg", "uri": "\/textbooks\/financial-accounting-7th-edition-72", "see_more_uri": "" }, "free_related_book": { "isbn": "1892606321", "uri": "\/textbooks\/principle-based-organizational-structure-a-handbook-to-help-you-engineer-entrepreneurial-thinking-and-teamwork-into-organizations-of-any-size-1st-edition-9781892606327-126156", "name": "Principle Based Organizational Structure A Handbook To Help You Engineer Entrepreneurial Thinking And Teamwork Into Organizations Of Any Size", "edition": "1st Edition" }, "question_posted": "2024-05-26 18:15:35", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/you-start-driving-east-for-14-miles-turn-left-and-393520", "description": "You start driving east for 14 miles, turn left, and drive north for another 10 miles. 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