FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

INFORMATION (6 marks) Delta Limited expects to sell a delivery vehicle for R80 000 as it has reached the end of its useful life. This

INFORMATION (6 marks) Delta Limited expects to sell a delivery vehicle for R80 000 as it has reached the end of its useful life. This delivery vehicle has a book value of R10 000. Net working capital of R10 000 will be recovered on this delivery vehicle. The company is subject to tax at 28%. REQUIRED Calculate the terminal cash flow for the delivery vehicle for Delta Limited.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Venture Capital And The Finance Of Innovation

Venture Capital And The Finance Of Innovation

Authors: Andrew Metrick

1st Edition

0470074280, 9780470074282

More Books

Students also viewed these Finance questions

Question

★★★★★
Can more Consulting establish a $100 petty cash fund on September 1, 2014? On September 23, the petty cash box contained $7 and receipts for the following expenses: $32 for entertainment expense...

Answered: 1 week ago

Question

★★★★★
During the year Strang Corporation began to encounter cash-flow diffi- culties, and a cursory review by management revealed receivable collec- tion problems. Strang's management engaged Stanley, CPA,...

Answered: 1 week ago

Question

★★★★★
What is their acceptance rate? How many people apply? How many people do they accept? How many people actually come to the program?

Answered: 1 week ago

Question

★★★★★
The preliminary 2018 income statement of Alexian Systems, Inc., is presented below: ___________________________________ALEXIAN SYSTEMS, INC. _______________________________________Income Statement...

Answered: 1 week ago

Question

★★★★★
1. Independence and Objectivity Ethics and independence go hand in hand in the accounting profession. A critical component of trust is making unbiased decisions and recommendations that benefit the...

Answered: 1 week ago

Question

★★★★★
Question 6 of 6 10 Points ABC Corp. is struggling in business because of the repeated shortcomings of its partners to deliver the parts needed in manufacturing their flagship products. Several...

Answered: 1 week ago

Question

★★★★★
Term Project Content The course project is an informative paper. You are asked to choose a drug from the course curriculum. Describe the drug entirely. Therefore, state the chemical name, molecular...

Answered: 1 week ago

Question

★★★★★
1. Using the RK4 method, give the numerical approximation for the IVP: y' y(0)=e; with a step size of h = 0.5 for the point at t = 20. How does this compare to Euler's Method (e.g. simply using the k...

Answered: 1 week ago

Question

★★★★★
You are an attorney specializing in the defense of personal injury lawsuits brought against your clients. One day, Martha, a prospective client comes to your office. She owns a candy store in...

Answered: 1 week ago

Question

★★★★★
Justin, an insurance agent, has just called his client, Shelley to set up a time to meet with to deliver her new life insurance policy. Shelley says she is busy and asks Justin to mail the policy...

Answered: 1 week ago

Question

★★★★★
Part A Head loss A gate valve is being used as a shut-off valve in a pipe system. When the valve is fully open, the flow through the 8-cm diameter pipe is 50 L/min. What is the head loss at the gate...

Answered: 1 week ago

Question

★★★★★
What were the reasons behind Stavross decision to exclude HRM? Was it justifiable at the early stages of his business?

Answered: 1 week ago

Question

★★★★★
To understand the obstacles for an HRM professional in an SME context.

Answered: 1 week ago

Question

★★★★★
To understand the reasons and tensions that explain HRM exclusion from business functions.

Answered: 1 week ago

Previous Question Next Question