3) (Below table shows the calculations for an after-tax analysis of a machine purchase alternative.EOYВТСРDepreciationDeductionТахableIncomeАТCFIncomeТаxes- 20,00016,00016,00016,00016,00016,00018,0003,0003,0003,0003,0003,0003,00013,00013,00013,00013,00013,00015,000- 6,500- 6,500- 6,500- 6,500- 6,500- 7,500- 20,0009,5009,5009,5009,5009,5001346.10,500a) Find answers to the below questionsWhat are the cost basis (price) and "annual revenues less expenses"?What is the terminal market value (or salvage value)?What is the income tax rate?i.ii.iii.iv.What is the method used for depreciation deduction?What is the book value at the end of useful life?V.b) Calculate the equivalent present worth (PW) and the equivalent annual worth (AW) at anafter-tax MARR of 11%.

Present worth computes the existing value of future benefits by discounting future worth with a…

3) ( Below table shows the calculations for an after-tax analysis of a machine purchase alternative. EOY ВТСР Depreciation Taxable Income АТCF Deduction Income Таxes - 20,000 16,000 16,000 16,000 16,000 16,000 18,000 0. - 6,500 - 6,500 – 6,500 - 6,500 – 6,500 - 7,500 - 20,000 9,500 9,500 9,500 9,500 9,500 10,500 | 1 2 3 3,000 3,000 3,000 3,000 3,000 3,000 13,000 13,000 13,000 13,000 13,000 15,000 4 6 a) Find answers to the below questions i. What are the cost basis (price) and "annual revenues less expenses"? What is the terminal market value (or salvage value)? What is the income tax rate? ii. iii.

3) ( Below table shows the calculations for an after-tax analysis of a machine purchase alternative. EOY ВТСР Depreciation Taxable Income АТCF Deduction Income Таxes - 20,000 16,000 16,000 16,000 16,000 16,000 18,000 0. - 6,500 - 6,500 – 6,500 - 6,500 – 6,500 - 7,500 - 20,000 9,500 9,500 9,500 9,500 9,500 10,500 | 1 2 3 3,000 3,000 3,000 3,000 3,000 3,000 13,000 13,000 13,000 13,000 13,000 15,000 4 6 a) Find answers to the below questions i. What are the cost basis (price) and "annual revenues less expenses"? What is the terminal market value (or salvage value)? What is the income tax rate? ii. iii.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Calculate the tax base for Machine A on 29 February 2016: Cost: R5 000 000, purchased on 1 March 2014Wear and tear allowance: Year 1: 40% ; Year 2 to Year 4: 20% a. R3 000 000 b. R2 000 000 c. R2 500 000 d. R4 000 000
Wynn Farms reported a net operating loss of $225,000 for financial reporting and tax purposes in 2021. The enacted tax rate is 25%. Taxable income, tax rates, and income taxes paid in Wynn's first four years of operation were as follows: Income Taxable Income 2017$ 73,000 2018 83,000 2019 145,000 2020 Таx Таxes Paid $21,900 24,900 58,000 18,000 Rates 30% 30 40 40,000 45 Required: 1. NOL carrybacks are not allowed for most companies, except for property and casualty insurance companies as well as some farm-related businesses. Assume Wynn is one of those businesses. Complete the table given below and prepare the journal entry to recognize the income tax benefit of the net operating loss. 2. Show the lower portion of the 2021 income statement that reports the income tax benefit of the net operating loss. X Answer is not complete. Complete this question by entering your answers in the tabs below. Required Required Required 1 GJ 1 2 NOL carrybacks are not allowed for most companies, except…
rmn.2
10. Calculate the assessed value (in $) and the property tax due (in $) on the property. (Round your answers to the nearest cent.) Fair MarketValue AssessmentRate AssessedValue PropertyTax Rate PropertyTax Due $342,900 72 $ 5.1% $
Please show work and explain
Save & Exit Subm Two independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: SITUATION Taxable income Amounts at year-end: Future deductible amounts 2. $46,000 $86,000 5,600 10,600 0 5,600 Future taxable amounts Balances at beginning of year, dr (cr): Deferred tax asset, Deferred tax liability $ 1,000 $ 3,180 0 1,000 The enacted tax rate is 30% for both situations. Required: For each situation determine the: SITUATION 2. (a.) Income tax payable currently. (b.) Deferred tax asset - balance at year-end. (c.) Deferred tax asset change dr or (cr) for the year. (d.) Deferred tax liability - balance at year-end. (e.) Deferred tax liability change dr or (cr) for the year. (f.) Income tax expense for the year. Next > 31 of 39
Pleas calculate the AVERAGE and MARGINAL TAX based on the tax bracket provided below. (Hint: every box in the table may NOT be used.) $0 $1,001 $3,001 Tax Bracket $10,001 $20,001 $40,001 $1,000 $3,000 $10,000 $20,000 $40,000 & Above Average Tax:__`17.729% Marginal Tax:__`25¹% Tax 5% 10% 15% 25% 30% 45% $ $ Taxable Income Amount Taxed type your ansv type your ansv type your ansv = type your ansv $16,500 $ $ $ $ Actual Tax Paid type your answe type your answe type your answe type your answe type your answe Amount Remaining $ $ $ $ type your answe type your answe type your answe type your answe
T2.
a. Fill in the missing numbers in the following income statement: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32.) Sales Costs Depreciation EBIT Taxes (22%) Net income b. b. What is the OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) c. What is the depreciation tax shield? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) C. $ OCF 586,900 364,300 114,100 Depreciation tax shield
Status Single DATA TABLE Total Tax Payments $ 8,342 Taxable Income $ 55,060.00 20,000 30,000 Total Tax $ 7,972 40,000 Refund Amount Amount Owed Use Goal Seek to find the Taxable Income (C5) that results in the Total Tax (C7) shown. Answer to the nearest 0.01. Do not include any punctuation ($ or ,) in your answer! Example of accepted answer: 12345.67Examples of incorrect answers: $12,345.67, 12,345.67, $12345.67 Taxable Income Total Tax Answer $2,600 Answer $4,200 Answer $8,500 Answer $10,500 Answer $22,000 Be sure to answer to the neared 0.01.
How much is the net taxable income using itemized deductions? a. 1,070,000 b. 1,550,000 c. 1,550,000 d. 2,000,000
Please do stepwise and correct please ill like..

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