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scroll down, dear. I have uploaded the MACRS table for both questions. Thank you Homework: HW2-Cap Budgeting CF Estimation Question 3, P11-7 (similar to) >
scroll down, dear. I have uploaded the MACRS table for both questions. Thank you
Homework: HW2-Cap Budgeting CF Estimation Question 3, P11-7 (similar to) > HW Score: 10%, 1 of 10 points O Points: 0 of 1 Save Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Recovery period (years) 5 Installed cost $801,000 Elapsed time since purchase (years) 2 Asset A The remaining book value is $ (Round to the nearest dollar) Data table 3 years 33% (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year* Recovery year 5 years 7 years 10 years 1 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 6 5% 9% 8% 7 9% 7% 8 4% 6% 9 6% 10 6% 11 4% Totals 100% 100% 100% *These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention Print Done E Homework: HW2-Cap Budgeting CF Estimation Question 4, P11-8 (similar to) Part 1 of 5 HW Score: 10%, 1 of 10 points O Points: 0 of 1 Save Book value and taxes on sale of assets Troy Industries purchased a new machine 3 year(s) ago for $82,000. It is being depreciated under MACRS with a 5-year recovery period using the schedule. Assume 21% ordinary and capital gains tax rates. a. What is the book value of the machine? b. Calculate the firm's tax liability if it sold the machine for each of the following amounts: $98,400; $57,400; $23,780; and $16,600. ... a. The remaining book value is $ (Round to the nearest dollar.) Data table 3 years (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year* Recovery year 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 6 5% 9% 8% 7 9% 7% 8 4% 6% 9 6% 10 6% 11 4% Totals 100% 100% 100% 100% *These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention Print Done Homework: HW2-Cap Budgeting CF Estimation Question 3, P11-7 (similar to) HW Score: 10%, 1 of 10 points O Points: 0 of 1 Save Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Asset A Recovery period (years) 5 Elapsed time since purchase (years) 2 Installed cost $801,000 C. The remaining book value is $ (Round to the nearest dollar.) - X Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year* Recovery year 3 years 5 years 7 years 10 years 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 6 5% 9% 8% 7 9% 7% 8 4% 6% 9 6% 10 6% 11 4% Totals 100% 100% 100% 100 *These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention Print Done E Homework: HW2-Cap Budgeting CF Estimation Question 4, P11-8 (similar to) Part 1 of 5 HW Score: 10%, 1 of 10 points O Points: 0 of 1 Save Book value and taxes on sale of assets Troy Industries purchased a new machine 3 year(s) ago for $82,000. It is being depreciated under MACRS with a 5-year recovery period using the schedule. Assume 21% ordinary and capital gains tax rates. a. What is the book value of the machine? b. Calculate the firm's tax liability if it sold the machine for each of the following amounts: $98,400; $57,400; $23,780; and $16,600. ... a. The remaining book value is $ (Round to the nearest dollar.) Data table 3 years (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year* Recovery year 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 6 5% 9% 8% 7 9% 7% 8 4% 6% 9 6% 10 6% 11 4% Totals 100% 100% 100% 100% *These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention Print DoneStep by Step Solution
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