Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. acme industries had sales last year of 12 000 000

Acme Industries had sales last year of 12 000 000 They had expenses of 9...

90.2K

Verified Solution

Question

Basic Math

image

Acme Industries had sales last year of 12 000 000 They had expenses of 9 755 000 They purchase several pieces of new equipment during the year that Cost 3 000 000 to purchase Had 1 100 000 related costs to set up install etc Has a salvage value of 750 000 in 5 years Using MACRS calculate the amount of tax owed 375 500 400 780 425 000 484 500

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Parramore Corp has $13 million of sales, $3 million of inventories, $2 million of receivables, and...

Finance
Q

3. What is the best means of including antioxidants in your diet?

Medical Sciences
Q

Why does exemplary leadership matter? Give examples.

General Management
Q

Your gram stain shows bacteria of two different colors What is your conclusion

Biology
Q

Which of the following is not true regarding viruses Viruses are filterable agents Viruses are...

Biology
Q

1 A sample of Lead 214 undergoes the following decay in order Give the symbol...

Physics
Q

What epoch are you currently living in Devonian O Mesozoic O Holocene Anthropocene Pleistocene O...

Statistics
Q

Now find the 8 i 1 Step 4 i 1 8 8 48 9i 8...

Calculus
Q

S lve the system 2x 4y z 6 3x 2y 5z 14 7x 6y 2z...

Algebra
Q

Present value of an ordinary annuity vs present value of an annuity due Please explain...

Accounting
Q

The Significant Decision Constraint requires that a company must strictly follow GAAP when accounting for...

Accounting
Q

please help !!! i will thumbs-up :) Each of the three independent situations below...

Accounting