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Author Question: The Golden Shades Corporation disposes a capital asset with an original cost of $320,000 and ... (Read 359 times)

Chloeellawright

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on: Mar 6, 2021

Question 1

The galaxy Corporation disposes a capital asset with an original cost of $180,000 and accumulated depreciation of $91,000 for $47,000. The company's tax rate is 40%. Calculate the after-tax cash inflow from the disposal of the capital asset.
◦ $16,800
◦ ($16,800)
◦ $63,800
◦ $89,000

Question 2

The Golden Shades Corporation disposes a capital asset with an original cost of $320,000 and accumulated depreciation of $140,000 for a salvage price of $42,000. Golden Shades's tax rate is 35%. Calculate the after-tax cash inflow from the disposal of the capital asset.
◦ $48,300
◦ $138,000
◦ $42,000
◦ $90,300
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Marked as best answer by Chloeellawright on Mar 6, 2021

Ptupou85

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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楊雯芳

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Reply #2 on: Oct 8, 2021
thank you


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