How much of a cost recovery deduction will Honora Corp. take on the super computer above for 2020?
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- What is the 2020 cost recovery deduction for Philosophical Consulting, Inc?Calculate BLZ profit for 2020 if marginal costing usedVMIC Corp. has asked you to look at the following data. The interest rate is 10%. (a) What is the new asset’s minimum cost life? (b) When, if at all, should we replace the existing asset with the new asset?
- The sales and profit for two years are as below: Sales Profit 2019 250000 40000 2020 100000 10000 What will be the correct option for Variable cost of year 2019? Select one:a. 90000b. 70000c. 80000d. None of the optionsThe sales and profit for two years are as below: Sales Profit 2019 250000 40000 2020 100000 10000 What will be the correct option for Variable cost of year 2019? Select one: O a. OMR 80000 O b. OMR 70000 O c. None of the options O d. OMR 90000How can I compute the total revenue, total cost and total profit for 2020? Is there the data that I need to do that?
- 3b. In a given a software development project, time required for the invested money to be repaid back is 1.75 years. Net Present value is calculated to be $250,000. If the revenue is 1.50 times than the cost, what is the benefit cost ratio?Assuming NUBD incorporate these changes in its 2021 forecast, what should be the net income after tax from product Excellence?Write the journal entries in 2020 and 2021 for the three cases. No need to use PV Factors just get the PRESENT VALUE using the face value, origin cost, and origination fee.
- Gemilang Berhad is considering which of two mutually exclusive projects it should undertake as its investment in the month of February 2019. The finance director thinks that the project with the higher Net Present Value (NPV) should be chosen whereas the managing director thinks that the one with the shorter payback period should be taken. As a management accountant, you are given with the followings projected profit: Project Initial cost AA (RM) (70,000) 15,000 ZZ (RM) (60,000) Year 1 20,000 Year 2 18,000 25,000 Year 3 20,000 32,000 18,000 Year 4 Year 5 Notes: All cash flows take place at the end of the year apart from the original investment in the project which takes place at the beginning of the project. 1. Project AA machinery is to be disposed of at the end of year 5 with a scrap value of RM10,000. 2. 3. Project ZZ machinery is to be disposed at the end of year 3 with a nil scrap value. 4. Gemilang Berhad's policy is to depreciate its assets on a straight line basis. 5. The…The Miramar Company is going to introduce one of three new products: a Widget, a Hummer, or a Nimnot. The market conditions (favourable, Stable, or unfavourable) will determine the profit or loss the company realizes, as shown In the following payoff table: State of Nature Favourable Stable Unfavourable Product 0.2 0.7 0.1 $ $ $ Widget 120,000 70,000 -30,000 Hummer 60,000 40,000 20,000 Nimnot 35,000 30,000 30,000 Required: 1. Develop the opportunity loss table and compute the expected opportunity loss for each product. 2. Determine how much the firm would be willing to pay to a market research firm to gain better information about future market conditions.S T m Computer Disk Duplicators, Inc. has been considering several capital investment proposals for the year beginning in 2022. For each investment proposal, the relevant cash flows and other relevant financial data are summarized in the table below. New assets will be depreciated under the MACRS system rather than being fully expensed right away. In the case of a replacement decision, the total installed cost of the equipment will be partially offset by the sale of existing equipment. The firm is subject to a 40 percent tax rate on ordinary income and on long-term capital gains. The firm's cost of capital is 15 percent. Type of Capital Budgeting Decision OA. $34,400 OB. $66,400 1 Expansion OC. $80,000 OD. $13,600 Type of Project Cost of new asset Installation costs MACRS (new asset) Original cost of old asset Purchase date (old asset) Sale proceeds (old asset) MACRS (old asset) Annual net profits before depreciation & taxes (old) Annual net profits before depreciation & taxes (new)…