Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6 of 10 View Policies < Current Attempt in Progress -15 E Sipacore Corporation is making a $33,350 investment in equipment with a 5-year life.
6 of 10 View Policies < Current Attempt in Progress -15 E Sipacore Corporation is making a $33,350 investment in equipment with a 5-year life. The company uses the straight-line method of depreciation and has a tax rate of 20 percent. The company's required rate of return is 15 percent. Click here to view factor tables What is the present value of the tax savings related to depreciation of the equipment? (Round present value factor calculations to 4 decimal places, e.g. 1.2151 and final answer to O decimal place, e.g. 125. Enter negative amounts using either a negative sign preceding the number eg: -45 or parentheses eg. (45).) The present value $ eTextbook and Media Save for Later Last saved 8 minutes ago. 1 Assistance Used Attempts: 0 of 1 used Sulit Anver TABLE 89.1 Present value of $1 due in n periods 6% 7% 8% 9% 10% 11% 1 0.9434 0.9346 0.9259 0.9174 0.9091 0.9009 2 0.8900 0.8734 0.8573 0.8417 0.8264 0.8116 3 0.8396 0.8163 0.7938 0.7722 0.7513 0.7312 4 0.7921 0.7629 0.7350 0.7084 0.6830 5 0.7473 0.7130 6 7 8 9 0.5919 0.5439 0.6806) 0.6499 0.7050 0.6663 0.6302 0.5963 0.6227 0.5835 0.6651 0.5470 0.6274 0.5820 0.5403 0.5019 0.4604 0.6209 0.5645 0.5002 0.3606 0.3329 12% 13% 14% 15% 16% 20% 30% 0.8929 0.8850 0.8772 0.8696 0.8621 0.8333 0.7692 0.7972 0.7831 0.7695 0.7561 0.7432 06944 0.5917 0.7118 0.6931 0.6750 0.6575 0.6407 0.5787 04552 0.6587 0.6355 0.6133 0.5921 0.5718 0.5523 0.4823 0.3501 0.5935 0.5674 0.5428 0.5194 0.4972 04761 0.4019 0.2693 0.5346 0.5066 0.4803 04556 04323 0.4104 0.3349 0.2072 0.5132 0.4817 04523 0.4251 0.3996 0.3759 0.1538 02791 0.1594 0.4665 04339 0.4039 0.3762 0.3506 03269 0.3050 0.2326 0.4241 0.3909 0.1226 0.3075 0.2843 02630 0.1938 0.0943 10 0.5584 0.5083 0.4632 0.4224 0.3855 0.3522 0.3220 0.2946 0.2697 0.2472 0.2267 0.1615 0.0725 11 0.5268 0.4751 0.4289 0.3875 0.3505 0.3173 0.2875 0.2607 0.2366 02149 0.1954 0.1346 0.0558 12 0.4970 0.4440 0.3971 0.3555 0.3186 0.2858 0.2567 13 0.4688 0.4150 0.3677 0.3262 0.2897 0.2575 0.2292 14 0.4423 0.3878 0.3405 0.2992 0.2633 0.2046 15 0.4173 0.3624 0.3152 0.2745 16 0.3936 0.3387 0.2919 0.2519 17 0.3714 0.3166 0.2703 0.2311 18 0.3503 0.2959 0.2120 0.2502 19 0.3305 0.2765 0.2317 20 0.3118 0.2584 0.2145 0.1945 0.1784 0.2307 0.2076 0.1625 0.1821 0.1597 0.1413 0.1807 0.2320 0.1229 0.1401 0.1599 0.1827 0.2090 0.2394 0.1229 0.1069 0.1415 0.2176 0.1631 01883 0.0929 01252 0.1078 0.1456 0.1696 0.1978 0.0946 0.0508 0.110 0.1799 0.1528 0.1300 0.0529 0.0981 6.0703 0.1635 0.1377 01161 0.0728 0.0611 00668 0.1037 0.1240 0.1486 0.1869 0.1685 01122 0.0429 0.2042 01452 00935 00330 01252 00779 0.0254 0.1079 00649 00195 0.0930 00541 00150 0002 0.0451 00116- 0.0691 0.0376 0.009 00596 0.0514 0.0261 00113 0.0068 00053 TABLE B9.2 Present value of an annuity of $1 per period 6% 7% 8% 1 0.9434 0.93461 0.9259 9% 09174 10% 11% 0.9091 0.9009 2 1.8334 1.8080 3 2.6730 2.6243 12% 13% 14% 0.8929 0.8850 0.8772 1.7833 1.7591 1.7355 1.7125 1.6901 1.6681 1.6467 2.5313 2.5771 2.4869 2.4437 2.4018 2.3612 23216 22832 15% 16% 20% 30% 08696 08621 0.8333 07692 16257 1.6052 15278 13609 2.1065 22459 18161 4 3.4651 3.3872 3.3121 3.2397 3.1699 3.1024 3.0373 2.9745 29137 2.8550 27982 2.5687 21662 3 4.2124 4.1002 3.9927 3.8897 3.7908 3.6959 3.6048 3.5172 3.4331 33522 3.2743 29906 24356 6 4.9173 4.7665 4.6229 4.4859 4.3553 4.2305 4.1114 3.9975 3.8887 3.7845 36847 3.3255 2.6427 7 5.5824 5.3893 5.2064 5.0330 4.8684 4.7122 4.5638 44226 4.2883 4.1604 40366 3.6046 2.8021 8 6.2098 5.9713 5.7466 5.5348 5.3349 5.1461 4.9676 4.7988 4.6389 44873 43436 3.8372 29247 9 6.8017 6.5152 6.2469 5.9952 5.7590 5.5370 5.3282 5.1317 4.7716 4.9464 4.6065 4.0310 30190 10 7.3601 7.0236 6.7101 6.4177 6.1446 58892 5.6502 5.4262 52161 5.0188 4.8332 43925 30915 11 7.8869 7.4987 7.1390 6.2065 6.4951 6.8052 5.9377 5.6869 5.4527 5.0286 5.2337 4.3271 3.1473 12 8.3838 7.9427 7,5361 7.1607 6.1944 59176 13 8.8527 8.3577 7.9038 14 9.2950 8.7455 82442 15 9.7122 9.1079 8.5595 16 10.1059 9.4466 8.8514 8.3126 19 10.4773 9.7632 9.1216 8.5436 8.0216 7.5488 18 10.8276 10.0591 9.3719 8.7556 8.2014 7.7016 7.2497 6.8137 6.4924 64235 6.1218 6.7499 7.4869 7.1034 4.6106 3.3487 57245 54675 63025 60001 6.6282 6.9819 7.7862 7.3667 1.2682 6.1422 5.8474 5.5755 44755 6.5109 64624 7.1909 8.0607 7.60611 4.7296 3233 3.6685 6.9740 6.6039 62651 59542 7.3792 78237 47746 32941 3.74K7 60472 6.3729 6.7291 7.1196 4.8122 65309 5.6603 54206 5.1971 4.4342 31901 58424 55831 5.3421 45327 1.2233 6.4674 6.1290 58178 33017 19 11.1581 10.3356 9.6036 89501 8.3649 7.8393 7.3658 6.9380 6.5504 6.1982 58775 43435 13105 20 11.4699 10.5940 9.8181 9.1285 3136 7.9633 7.4694 70246 60231 6.2593 KUJAN 4306 33138
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started