Given the below data and assumptions: What is the ending Net Fixed Asset balance for 2021?...
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Given the below data and assumptions: What is the ending Net Fixed Asset balance for 2021? Please follow the BASE method to complete your calculation. Note: Please provide your answer to the nearest integer with no comma or $sign e.g. if the answer is $1,234,567.08, just type in 1234567 2021F Revenue Net Fixed Asset Beginning Addition (Capex) Subtraction (D&A) Ending 2020 2,110,500 310,500 ? Assumptions for 2021 Assume a revenue growth rate of 16% Assume CAPEX is 5% of revenue Depreciation and Amortization is 99% of beginning net fixed asset Given the below data and assumptions: What is the ending Net Fixed Asset balance for 2021? Please follow the BASE method to complete your calculation. Note: Please provide your answer to the nearest integer with no comma or $sign e.g. if the answer is $1,234,567.08, just type in 1234567 2021F Revenue Net Fixed Asset Beginning Addition (Capex) Subtraction (D&A) Ending 2020 2,110,500 310,500 ? Assumptions for 2021 Assume a revenue growth rate of 16% Assume CAPEX is 5% of revenue Depreciation and Amortization is 99% of beginning net fixed asset
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To calculate the ending Net Fixed Asset NFA balance for 2021 using the BASE method ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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