(g) In Illinois, the Assessor's Office for the township you live in puts an assessed value on your home each year. Assume your home is worth the exact price you purchased it for (see your dataset for the value). The assessed value is 1/4 of market value. What is the assessed value for your home? Round your final answer UP to the nearest whole number.

Cost = $20,000Life = 5 yearsResidual value = $2,000 Find depriciation

rate is 4.0% per year

• Purchased 100 pieces of Item A at P30 per piece. Sold the 80 pieces at P60; • Purchased 150 pieces of Item B at P70 per piece. Sold the 120 pieces at P150; • Purchased 20 pieces of Item C at P100 per piece. Sold the 18 pieces at P200. What is the total amount of sales for the three items? a. 110,700 O b. 26,400 c. 89,380 O d. 32,500

Remaining Time: 22 minutes, 27 seconds. Question Completion Status: Moving to another question will save this response Question 1 Question 1 of 10 1 points Calculate the EBIT for a firm with $4 million total revenues, $3.5 million cost of goods sold, $120,000 depreciation expense, and $500,000 interest expense. The corporate tax rate is 30% Ⓒ$500,000 $380,000 - 50 Ⓒ($120,000) Seved

Zombie Berhad has the following trial balance at 31 December 2021: RM RM Revenue 7,602,504 730,600 208,000 Purchases Retums inwards Plant at cost Machinery at cost 10,712,000 4,940,000 Office equipment at cost 4,680,000 Accumulated depreciation-- Plant 936,000 988,000 -- Machinery -- Office equipment 520,000 Accounts payable Long-term borrowing 629,200 1,040,000 Accounts receivable 2,191,072 218,400 358,904 Inventory Cash and bank Administration expenses 520,000 26,000 Long tem borrowing interests Salaries and wages 252,720 Marketing expenses Discount allowed 208,000 72,800 Share capital Retained profits as at 1 Jan 2021 8,320,000 4,602,208 General Reserve 480,584 25,118.496 ...5/- Total 25.118.496

Purchase Price: $15 million Depreciation: 5 year, straight line of the full purchase amount Expected Salvage Value: $4 million Yearly lease payment (made at the beginning of the year): $2.8 million Tax rate: 30% Cost of Equity: 9% Cost of Debt: 4.29% Debt/Equity Ratio: 2:1   What is the after-tax cost of debt? 3% 0% 3% 0%   What is the WACC? 0% 0% 0% 0%   What is the after-tax salvage value? $1.0M $4.0M $1.2M $2.8M   At what rate should the after-tax salvage value be discounted? 0% 3% 0% 5%   At what rate should the depreciation tax shield cash flow be discounted? 0% 3% 0% 5%   What is the PV cost of ownership? $9.6M $9.8M $8.9M $8.7M   What is the PV cost of leasing? $9.2M $9.0M $8.5M $8.9M

Q3: A firm buys a delivery van for business use. The van costs £25,000 and is expected to last five years with an estimated scrap value of £500. Complete the following table comparing the depreciation and net book values for each year of the asset's life using the straight line and reducing balance methods of depreciation (take the rate of 50% for reducing balance). Cost Depreciation year 1 NBV end year 1 Depreciation year 2 NBV end year 2 Depreciation year 3 NBV end year 3 Depreciation year 4 NBV end year 4 Depreciation year 5 NBV end year 5

Question 5

An annual operating income of 26,400. According ot building residual technique its land value is $ 75.000 and interest rate 11 % a tenant who want to buy such a property find its values