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Data, Inc. purchased some fixed assets 4 years ago at a cost of $21,650 and is selling them today at a price of $4,500. The assets are classified as 5-year property for MACRS. The MACRS table values are 0.2000, 0.3200, 0.1920, 0.1152, 0.1152, and 0.0576 for Years 1 to 6, respectively. What is the current book value of these assets?$6,309.19$3,741.12 Correct$1,247.04$8,420.02$4,016.67ExplanationBook valueYear 4 = $21,650 × (1 – 0.2 – 0.32 – 0.192 – 0.1152) = $3,741.12Rita's Flowers is considering a 3-year project with a discount rate of 12 percent, a tax rate of 34 percent, and an initial cost of $12,000 for fixed assets. The selling price is estimated at $22 a unit based on variable costs per unit of $6.20 and fixed costs of $2,280. Depreciation is straight-line to zero over 3 years. What is the accounting breakeven point?Assume a project currently has a negative net present value. Which one of these expectations would indicate that the timing option for that project may have a positive value?The project's cash flow projections are expected to remain constant over time.Assuming the selling price is greater than the total cost per unit, the contribution margin must increase as