a) A fixed asset is procured for NOK 750 000 included MVA. ( mva is like vat, the value is 25%) Depreciated in the annual accounts with 25 % balance depreciation. The procurement will take place at the beginning of january. The residual value after six years is calculated at NOK 107 000. How big are the depreciations in year 2?

b) A buisness has achieved a return on equity before tax of 30%. The average loan interest rate is 5%. The equity ratio was 25%. How large is the return on total captial?

d) Let us assume that inventories and accounts receivable can be reduced, and that total capital is reduced accordingly. How will this generally affect the return on total capital? Justify the answer

NOK is norwegian value KR