What's the depreciation expense based on the information below? Depreciation (percent of sales) 4% Revenues Gross profit PP&E a. 1,000 b. 2,600 c. 1,600 d. 2,400 60,000 25,000 40,000
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- Answer this QuestionGiven, Mo = Rp. 1,500,000,- i Depreciation = 5% i Interest = 8% Calculate the amount of depreciation expense and interest at the end of year 3 based on Purchase AmountCalculate EBITDA I calculated $6,750,000 but I also calculated 6,507,692 - which one is correct? Operating costs (excl. depreciations & amortization): $4.5mDepreciation and amortization: $1.5mInterest: $0.7mNet Income: $2.8mTax Rate: 35%
- cost and subsequently measured, using either the cost model 7. The resulting revaluation surplus, gross of tax, is P80K. 9. The P80K revaluation gain is recognized in profit or loss. 1. PAS 16 defines depreciation as “the decrease in the value of ar An item of PPE with a carrying amount of P120K is revalued to its 8. All the other items within the class of PPE to which the Disposal costs of P10K were incurred. The loss on the disposal 10. A PPE with a carrying amount of P200K is sold for P180K. 2. According to PAS 16, items of PPE are initially measured at PROBLEM 1: TRUE OR FALSE i PAS 16 defines depreciation as "the decrease in the value 2. According to PAS 16, items of PPE are initially measured cost and subsequently measured, using either the cost modal asset." or the fair value model. 3. An entity acquires an asset for P120K. The asset is estimated to have a useful life of 10 years and a residual value of P20K. The straight line depreciation rate based on depreciable amount is…Need to solve for depreciation, to get earnings before interest & taxes. Use the following info below: Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Terminal Sales Units 492,236 534,175 579,686 629,075 682,673 711,755 742,075 773,688 806,647 841,010 864,979 Unit Price $ 329.00 $ 344.04 $ 359.76 $ 376.20 $ 393.39 $ 402.24 $ 411.29 $ 420.55 $ 430.01 $ 439.68 $ 449.58 Sales Revenue $ 161,945,644.00 $ 183,774,886.84 $ 208,546,572.77 $ 236,657,324.43 $ 268,557,226.62 $ 286,297,714.18 $ 305,210,111.73 $ 325,371,833.89 $ 346,865,409.18 $ 369,778,817.81 $ 388,874,658.19 VC per unit $ 156.00 $ 161.05 $ 166.27 $ 171.66 $ 177.22 $ 185.94 $…LO 2 4. Calculating OCF Consider the following income statement: Sales $537,200 Costs 346,800 Depreciation 94,500 EBIT ? Taxes (21%) ? Net income Fill in the missing numbers and then caicrlate e F What is the depreci- ation tax shield? 5. Calculating Depreciation A piece of new p equipment
- A fixed asset with a cost of $31,021 and accumulated depreciation of $27,918.90 is sold for $5,273.57. What is the amount of the gain or loss on disposal of the fixed asset? Oa. S2,171.47 loss Ob. $3,102.10 loss Oc. S2,171.47 gain Od. S3,102.10 gainWhat's the amount of gain/loss?Give step by step calculation for this accounting question
- Initial Equipment Cost, $M 12.0 Depreciation, % 75.00% Current Equipment Value, $M 4.0 Marginal Tax Rate 40.00% Current Book Value, $M ? Profit/Loss On Sale, $M ? Taxes Owed (Saved) On Sale, $M ? After-Tax Net Salvage Value, $M ?Why is depreciation and interest expense in the excel 300,000 if it states its 3 million?A fixed asset with a cost of $30,192 and accumulated depreciation of $27,172.80 is sold for $5,132.64. What is the amount of the gain or loss on disposal of the fixed asset? a.$2,113.44 loss b.$3,019.20 gain c.$3,019.20 loss d.$2,113.44 gain