Question

Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$93,000. It is classified in...

Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$93,000. It is classified in the property class category of a​ single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a​ seven-year life and​ MACRS, LOADING... ​, was used for the depreciation​ schedule, what is the​ after-tax cash flow from the sale of the trimmer​ (use a 40​% tax​ rate) if

a.  the sales price was ​$36,000​?

b.  the sales price was ​$29,053.20​?

c.  the sales price was ​$21,000​

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$93,000. It...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$93,000. It is classified in the property class category of a​ single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a​ seven-year life and​ MACRS, LOADING... ​, was used for the depreciation​ schedule, what is the​ after-tax cash flow from the sale of the trimmer​ (use a 35​% tax​ rate) if a.  the sales price was ​$30,000​?...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$94 comma...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$94 comma 000. It is classified in the property class category of a​ single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a​ seven-year life and​ MACRS, LOADING...​, was used for the depreciation​ schedule, what is the​ after-tax cash flow from the sale of the trimmer​ (use a 40​% tax​ rate) if a.  the sales price was...
Cost recovery. ​Richards' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$87,000. It is...
Cost recovery. ​Richards' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$87,000. It is classified in the property class category of a​ single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a​ seven-year life and​ MACRS was used for the depreciation​ schedule, what is the​ after-tax cash flow from the sale of the trimmer​ (use a 40​% tax​ rate) if a.  the sales price was ​$30,000​? b.  the sales...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$82,000. It...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$82,000. It is classified in the property class category of a​ single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a​ seven-year life and​ MACRS, LOADING... ​, was used for the depreciation​ schedule, what is the​ after-tax cash flow from the sale of the trimmer​ (use a 35​% tax​ rate) if a.  the sales price was ​$35,000​?...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$82,000. It...
Cost recovery. ​ Richardses' Tree​ Farm, Inc. purchased a new aerial tree trimmer for ​$82,000. It is classified in the property class category of a​ single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a​ seven-year life and​ MACRS, was used for the depreciation​ schedule, what is the​ after-tax cash flow from the sale of the trimmer​ (use a 35​% tax​ rate) if a) the sales price was $30,000 b) the...
Richardses' Tree​ Farm, Inc. has just purchased a new aerial tree trimmer for ​$88,000. Calculate the...
Richardses' Tree​ Farm, Inc. has just purchased a new aerial tree trimmer for ​$88,000. Calculate the depreciation schedule using a​ seven-year life​ (for the property class category of a​ single-purpose agricultural and horticultural structure from Table​ 10.3) for both​ straight-line depreciation and​ MACRS. Use the​ half-year convention for both methods. Compare the depreciation schedules before and after taxes using a 40​% tax rate.   Year ​3-Year ​5-Year ​7-Year ​10-Year     1 ​33.33% ​20.00% ​14.29% ​10.00%     2 ​44.45% ​32.00% ​24.49% ​18.00%     3 ​14.81%...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT