Hyundai USA has numerous robotic welders as well as robotic checkers with vision. One underbody robotic welder
Fantastic news! We've Found the answer you've been seeking!
Question:
Hyundai USA has numerous robotic welders as well as robotic checkers with vision. One underbody robotic welder was installed and is increasing productivity by 2.5% in one area. The result is a savings of $500,000 per year. Deductible expenses other than depreciation and interest associated with the installed robotic welder are only $120,000. Depreciation is $171,480 this year. Interest on borrowed money is $60,500 and no principal is paid back this year.
a. Determine the taxable income for the year.
b. Determine the income tax for the year assuming a marginal tax rate of 40%.
c. Determine the after tax cash flow for the year.
Related Book For
Intellectual Property- The Law of Trademarks, Copyrights, Patents, and Trade Secrets
ISBN: 978-1428318366
3rd Edition
Authors: Deborah E. Bouchoux
Posted Date: