A firm purchases a new truck for $30,000. It will be depreciated over 5 years at $6,000 per year. If the tax rate is 30% what is the time 0 cash flow
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22290.10
22290.10" OR "22,290.10"
22,290.10
6%
The answer will depend on the speed at which the truck travels.The answer will depend on the speed at which the truck travels.The answer will depend on the speed at which the truck travels.The answer will depend on the speed at which the truck travels.
14316.00 (A+)
$14,316. Depreciated by 20% means it is only worth 80% of the original value. 1 is 100% and .8 is 80%. 17895 times 0.8=14316
Fully Depreciated Assets are reported on the Balance Sheet as always, with one extra account. Accumulated Depreciation. For Example if a company has a Truck that cost $25,000 and it has been fully depreciated, the entries for the Balance Sheet are Equipment- Truck $25,000 Less Accumulated Depreciation (*****) Fixed assets remain on the books until said asset is sold, salvaged, or destroyed.
Credit - Truck 1100 Debit - Accumulated Depreciation Debit - Cash 250 Credit - Gain on disposition 250
A van and truck wholesaler is a person who purchases vans and trucks right from the manufacturer. He or she will then sell the trucks and vans to a retailer.
i would have to say 30000 kg ms but i may be wrong
The engine will produce more exhaust.
The truck, or the trailer? For a new power unit, expect to pay, at a minimum, $120,000 at least.
3616.40
100%
75
Hino doesn't build a tow truck they build the cad and chassis. Another company then purchases that cab and chassis adding the addition items needed to make it a tow truck. Who is the tow portion of the truck made by? Jerr-Dan, Weld Build, Chevron ect.