Recent Posts • Latest Topics • Unanswered Questions

A new tire balancing machine is available to replace an existing one. The new one will cost $5,092. ...

dewsae

wrote...

Go to Answer

Posts: 101

Rep:

3 years ago

A new tire balancing machine is available to replace an existing one. The new one will cost $5,092. ...

A new tire balancing machine is available to replace an existing one. The new one will cost $5,092. The old one originally cost $2,594 and was being depreciated over its 3-year life using MACRS. Two years have passed since the old one was purchased. Shipping of the new machine will cost $320. Assume a 40% tax rate. What is the net initial cash flow? Assume the old machine cannot be sold. (Round answer to nearest dollar.)

MACRS Depreciation Rates

Year	3-Year	5-Year
1	33.33%	20.00%
2	44.45%	32.00%

▸ $5,258

▸ -$5,258

▸ -$5,412

▸ $5,181

▸ -$5,181

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

Read 44 times

1 Reply

Report

Replies

Answer verified by a subject expert

taydav

wrote...

Posts: 86

Rep:

3 years ago

More solutions for this book are available here

Report

Related Topics

dewsae Author

wrote...

3 years ago

Correct

Lawson1981

wrote...

Yesterday

Just got PERFECT on my quiz

Ifekwunigwe

wrote...

2 hours ago

Helped a lot

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1360 People Browsing

126 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

1273

177

236

Your Opinion

Previous poll results: Who will win the 2024 president election?

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.