Author Question: Last year, Tiemann Technologies reported $14,500 of sales, $7,050 of operating costs other than ... (Read 46 times)

booty5 · **on:** Aug 7, 2023

Last year, Tiemann Technologies reported $14,500 of sales, $7,050 of operating costs other than depreciation, and $1,450 of depreciation. The company had no amortization charges, it had $6,000 of bonds that carry a 7% interest rate, and its combined federal and provincial income tax rate was 33%. This year’s data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $820. By how much will net after-tax income change as a result of the change in depreciation? Assume for this question that the company uses the same depreciation calculations for tax and shareholder reporting purposes.

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–$513.96

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–$527.50

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–$549.40

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–$562.47

char00char · **Reply #1 on:** Aug 7, 2023

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