Answered step by step
Verified Expert Solution
Question
1 Approved Answer
This Question: pt 1030 (0 completo TS TO SU piss ossis ) Low Country Corporation purchased a machine for $200,000, including installation costs. Annual straight-line
This Question: pt 1030 (0 completo TS TO SU piss ossis ) Low Country Corporation purchased a machine for $200,000, including installation costs. Annual straight-line depreciation is $20,000. If Low Country has a tax rate of 40% what is the cash flow from disposal the machine is sold at the end of five years for 580,000? OA $120.000 OB. $72,000 OC $88.000 OD $144 000 Test: Final Cadill all 2ULU This Question: 1 pt 2 of 30 (0 complete) Next Question Which of the following is TRUE regarding FINANCIAL STATEMENT ANALYSIS? OA The current ratio is a measure of a firm's market value. OB. the GROSS profit margin is 10%, then for every dollar of revenue, total costs would be 90 cents. OC. An increase in the total asset tumover ratio indicates that a firm is managing its assets more efficiently. OD. Commonsizing the balance sheet and income statement is only useful when comparing firms headquartered in the same city. Which of the below statements FALSE? OA Erosion costs can reduce a project's cash flows. OB. Whenever a new product competes against a company's already existing products and reduces the sales of other products, opportunity costs occur. OC. Increases in working capital accounts necessary to support a project add upfront costs, but also provide for cost reductions at the end of the project. D. Anynergy gain occurs when a new product can be introduced that complements another current product so that sales for this current product increases
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started