Pet supply purchased $62,800 of fixed assets two years ago. the company no longer needs these assets so it is going to sell them today for $29,500. the assets are classified as five-year property for macrs. the macrs rates are .2, .32, .192, .1152, .1152, .0576, for years 1 to 6, respectively. what is the net cash flow from this sale if the firm's tax rate is 23 percent and no bonus depreciation is taken?

Show the changes to the t-accounts for the federal reserve and for commercial banks when the federal reserve buys $50 million in u.s. treasury bills. if the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio is 10%, and banks hold no excess reserves, by how much will deposits in the commercial banks change? by how much will the money supply change? show the final changes to the t-account for commercial banks when the money supply changes by this amount.

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false