Question
Please Show work by hand! A Specialty Machining, Inc. bought a new multi-turret turning center for $300,000. The machine generated new revenue of $50,000 per
Please Show work by hand!
A Specialty Machining, Inc. bought a new multi-turret turning center for $300,000. The machine generated new revenue of $50,000 per year. Operating costs for the machine averaged $5,000 per year. Following IRS regulations, the machine was depreciated using the MACRS method, with a recovery period of 7 years. The center was sold for $60,000 after 5 years of service. The company uses an after-tax MARR rate of 12% and pays tax based on the rate 21%. Determine the after-tax cash flow at the end of the third year. [MACRS rates are: Year1: 14.29%, Year2: 24.49%, Year3: 17.49%,...]
Please Show work by hand!
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New Horizons In The Field Of Management Audit As A Tool For Improving The Overall Management Of Enterprises A Guideline For Good Governance
Authors: Mohammed Sakhawat Hossain
1st Edition
3639194454, 978-3639194456
