{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-10T01:41:48-04:00", "answer_date": "2024-06-10 01:41:48", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2553075", "url": "\/study-help\/questions\/your-firm-needs-a-computerized-machine-tool-lathe-which-costs-2553075", "question_creation_date_js": "2024-06-10T01:41:48-04:00", "question_creation_date": "Jun 10, 2024 01:41 AM", "meta_title": "[Solved] Your firm needs a computerized machine to | SolutionInn", "meta_description": "Answer of - Your firm needs a computerized machine tool lathe which costs $55,000 and requires $12,500 in maintenance for each yea | SolutionInn", "meta_keywords": "firm,computerized,machine,tool,lathe,costs,$55,000,requires,$12,500,maintenance,year,3-year", "question_title_h1": "Your firm needs a computerized machine tool lathe which costs $55,000 and requires $12,500 in maintenance for each year of its 3-year life. After three", "question_title": "Your firm needs a computerized machine tool lathe which costs $55,000 and", "question_title_for_js_snippet": "Your firm needs a computerized machine tool lathe which costs $55,000 and requires $12,500 in maintenance for each year of its 3 year life After three years, this machine will be replaced The machine falls into the MACRS 3 year class life category Assume a tax rate of 34 percent and a discount rate of 13 percent If the lathe can be sold for $5,500 at the end of year 3, what is the after tax salvage value (Round your answer to 2 decimal places ) Salvage value after tax $", "question_description": "

Your firm needs a computerized machine tool lathe which costs $55,000 and requires $12,500 in maintenance for each year of its 3-year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category. Assume a tax rate of 34 percent and a discount rate of 13 percent.<\/p> <\/td><\/tr><\/tbody><\/table>

<\/p>

If the lathe can be sold for $5,500 at the end of year 3, what is the after-tax salvage value? (Round your answer to 2 decimal places.)<\/span><\/p> <\/td><\/tr><\/tbody><\/table>

<\/p>
Salvage value after tax<\/td>

$ <\/p><\/td> <\/tr><\/tbody><\/table>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting An Introduction to Concepts Methods and Uses", "isbn": "1111822239, 324639767, 9781111822231, 978-0324639766", "edition": "10th Edition", "authors": "Michael W. Maher, Clyde P. Stickney, Roman L. Weil", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/137.jpg", "uri": "\/textbooks\/managerial-accounting-an-introduction-to-concepts-methods-and-uses-10th-edition-137", "see_more_uri": "" }, "free_related_book": { "isbn": "B0BJ2GPVSX", "uri": "\/textbooks\/katop-heavy-duty-basketball-yard-guard-defensive-net-system-12ft-x-10ft-uv-resistant-5x5-b0bj2gpvsx-142215", "name": "Katop Heavy Duty Basketball Yard Guard Defensive Net System 12ft X 10ft Uv Resistant 5X5", "edition": "" }, "question_posted": "2024-06-10 01:41:48", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/water-at-35degc-with-velocity-of-0.05-ms-flows", "description": "Water at 35C with a velocity of 0.05 m\/s flows over a horizontal, 50-mm-diameter cylinder maintained at a uniform surface temperature of 20C. Do you anticipate that heat transfer by free convection...", "stars": 3 }, { "url": "\/using-the-same-payoff-matrix-as-in-question-9-suppose-this", "description": "Using the same payoff matrix as in question 9, suppose this game is infinitely repeated and that the interest rate is sufficiently \"low.\" Identify trigger strategies that permit players 1 and 2 to...", "stars": 3 }, { "url": "\/study-help\/biostatistics\/why-is-it-inappropriate-to-simply-eliminate-all-influential-observations-1981383", "description": "Why is it inappropriate to simply eliminate all influential observations from a data set and refit the multiple regression model to the reduced data set?", "stars": 3 }, { "url": "\/exhibit-914-presents-the-income-statement-and-balance-sheet-for", "description": "Exhibit 9.14 presents the income statement and balance sheet for PartsCo, a $900 million supplier of machinery parts. Next year, the company is expected to grow revenues by 15 percent to $1,035...", "stars": 3 }, { "url": "\/study-help\/questions\/rock-star-inc-which-uses-a-jobcosting-system-9904112", "description": "rock star Inc. which uses a job-costing system", "stars": 3 }, { "url": "\/study-help\/questions\/the-objective-of-this-assignment-is-to-perform-a-thorough-4808057", "description": "The objective of this assignment is to perform a thorough analysis of organizational attributes contributing to fostering innovation, with a specific consideration given to leadership often equated...", "stars": 3 }, { "url": "\/study-help\/questions\/which-item-would-most-likely-be-classified-as-a-fixture-2178060", "description": "Which item would most likely be classified as a fixture once attached onto real property? Select one: A. Wooden fence B. Plasma 50 TV C. Refrigerator D. Countertop microwave", "stars": 3 }, { "url": "\/study-help\/questions\/which-of-the-following-is-not-a-remedial-measure-to-2173110", "description": "Which of the following is NOT a remedial measure to control business cycles. Question 3 options: Indirect measures Monetary measures Fiscal measures Physical measures", "stars": 3 }, { "url": "\/study-help\/questions\/customer-profitability-analysis-leahy-inc-has-10-customers-that-account-1477982", "description": "Leahy inc, has 10 customers that account for all of its $1,472,000 of net income. its activity-based costing system is able to assign all costs, except for $200,000 of general administrative costs,...", "stars": 3 }, { "url": "\/study-help\/questions\/when-carrying-out-the-control-process-at-mgt-inc-s-3150217", "description": "When carrying out the control process at MGT , Inc. s manufacturing plant, Sally focuses her attention on the few defective components produced on the assembly line. Although she is concentrating on...", "stars": 3 }, { "url": "\/study-help\/questions\/two-events-each-have-the-probability-02-of-occurring-the-3153547", "description": "Two events each have the probability 0.2 of occurring. The probability that neither is 0.6. These events are: A) mutually exclusive B) independent C) conditional D) mutually exclusive and independent...", "stars": 3 }, { "url": "\/study-help\/questions\/hi-i-have-a-question-i-need-your-help-thank-5049945", "description": "Hi, I have a question. I need your help. Thank you so much. Suppose we toss a fair coin, independently, 3 times. Suppose (for our convenience) instead of heads or tails, the sides are marked 1 and 0....", "stars": 3 }, { "url": "\/study-help\/strategic-management-5th\/a-senior-manager-has-a-new-younger-colleague-in-the-1556298", "description": "A senior manager has a new, younger colleague in the business development department. This teammate just graduated near the top of her class and is brimming with confidence. She believes that, given...", "stars": 3 }, { "url": "\/study-help\/information-management-theory-and-practice\/what-are-the-implications-of-the-use-of-algorithmic-decisionmaking-1556291", "description": "What are the implications of the use of algorithmic decision-making on innovation, e.g. automated systems?", "stars": 3 }, { "url": "\/study-help\/strategic-management-5th\/choose-two-firms-and-construct-a-valuechain-analysis-for-each-1556294", "description": "Choose two firms and construct a value-chain analysis for each. Compare both value chains and discuss any potential sources of competitive advantage. Justify your analysis with specific examples.", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/read-the-case-below-and-consider-the-questions-attached-electronic-2553074", "next": "\/study-help\/questions\/uneven-cash-flow-james-streets-son-harold-is-10-years-2553076" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Finance", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-finance" }, { "name": "Your firm needs a computerized machine tool lathe which costs $55,000 and", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/your-firm-needs-a-computerized-machine-tool-lathe-which-costs-2553075" } ], "skill_details": { "skill_id": "13", "skill_name": "Finance", "parent_id": "1" } }} }