Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This question points pussture Incremental operating cash inflows Expense reduction Miller Corporation is considering replacing a machine. The replacement will reduce operating expenses (that is,

image text in transcribed
image text in transcribed
This question points pussture Incremental operating cash inflows Expense reduction Miller Corporation is considering replacing a machine. The replacement will reduce operating expenses (that is, increase eamings before depreciation interest, and taxes) by $25,000 per year for each the 5 years the new machine is expected to last. Although the old machine has zero book value, it can be used for 5 more years. The depreciable value of the new machine is $60,000. The firm will depreciate the machine under MACRS using a 5 year recovery and is subject to a 40% tax rate Estimate the incremental operating cash inflows generated by the replacement (Noto Be sure to consider the depreciation in year 6) Find the incremental operating cash inflows generated by the replacement for year 1 below. (Round to the nearest dollar) 1 Year Incremental axense savinns 5 25 000 Data table low-Expend ach of the 5 yed under MACRS Je eamings before deprecia ble value of the new machi sement (Note: Be sure to Ish inflows geri (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% 45% 32% 25% 18% 15% 19% 18% 14% 7% 12% 129 12% 12% 9% 9% 9% 8% 9% 7% 49 6% 6% 10 4% Totals 100% 100% 100% 100% *These percentages have been rounded to the nearest Whole percent to simplify calculations while DAWN 5% preciation and Print Dong This question points pussture Incremental operating cash inflows Expense reduction Miller Corporation is considering replacing a machine. The replacement will reduce operating expenses (that is, increase eamings before depreciation interest, and taxes) by $25,000 per year for each the 5 years the new machine is expected to last. Although the old machine has zero book value, it can be used for 5 more years. The depreciable value of the new machine is $60,000. The firm will depreciate the machine under MACRS using a 5 year recovery and is subject to a 40% tax rate Estimate the incremental operating cash inflows generated by the replacement (Noto Be sure to consider the depreciation in year 6) Find the incremental operating cash inflows generated by the replacement for year 1 below. (Round to the nearest dollar) 1 Year Incremental axense savinns 5 25 000 Data table low-Expend ach of the 5 yed under MACRS Je eamings before deprecia ble value of the new machi sement (Note: Be sure to Ish inflows geri (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% 45% 32% 25% 18% 15% 19% 18% 14% 7% 12% 129 12% 12% 9% 9% 9% 8% 9% 7% 49 6% 6% 10 4% Totals 100% 100% 100% 100% *These percentages have been rounded to the nearest Whole percent to simplify calculations while DAWN 5% preciation and Print Dong

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

Dividend Stocks For Dummies

Authors: Lawrence Carrel

1st Edition

0470466014, 978-0470466018

More Books

Students also viewed these Finance questions