Engineering Economic Analysis

Calculationof Taxable Income 373 From gross income, wesubtract any allowable retirement plan contributions and other ,adjustment ...

374 INCOME TAXES Expenditures for depreciable assets:When facilities or productive equipment with useful lives in excess of ...

Income Tax Rates _. During a 3-year period, a finn had the following results (in millions of dollars): Gross income from sales P ...

--, 1975 1980 1985 Year 1990 FIGURE 12-1 Maximum federal income tax rates for individuals. TABLE12-1 2003 Tax Rates for Sing ...

Corporate Tax Rates An unmarried student earned $8000 in the summer plus another $2000 during the rest of the year. When he ...

378 INCOME TAXES Taxable Income Tax Rate I Corporate Income Tax Not over $50,000 $50,000-75,000 $75,000-100,000 $100,000-335 ...

Income Tax Rates 379 (b) Taxable income =Gross income All expenditures except capital expenditures - Depreciation and depletio ...

380 INCOME TAXES Selecting an Income Tax Rate for Economy Studies Since income tax rates vary with the level of taxable inco ...

EconomicAnalysisTaking Income Taxes into Account 381 For a before-tax rate of return, we must first compute the before-tax cash ...

382 INCOMETAXES *Sign convention for income taxes: a minus (-) represents a disbursement of money to pay income taxes; a plus (+ ...

Economic AnalysisTaking Income Taxes into Account 383 SOlW..:TlO....~(t.O.' ~. ...EXAMPlE12=6(a)..,..'. Use the following equati ...

384 INCOME TAXES CAPITAL GAINS AND LOSSESFOR NON DEPRECIATEDASSETS When a nondepreciatedcapital asset is sold or exchanged,there ...

After-Tax Cash Flows and Spreadsheets Depending on the specific investment tax credit provisions, the credit might be subtra ...

386 INCOME TAXES Return to the data of Example 12-6, where the used truck had a firstcost of $3000, a salvage value after 5 year ...

Problems 387 The first step in computing individual income taxes is to tabulate gross income. Any ~djustments-for example, allow ...

388 INCOME TAXES 12-3 Bill Jackson worked during school and during the first 2 months of pis summer vacation. After factoring in ...

Problems 389 a state taxable income of $150,000, what is the to- tal state and f~deral income tax it must pay? Also, compute its ...

390 INCOME TAXES -, new assets is under consideration. It is estimated that for the next 8 years, these assets will be responsi- ...

Problems 391 Interest payments are tax deductible (i.e., they re,duce taxable income and thus taxes paid). Principal payments a ...

392 INCOME TAXES bags from the cardboard cartons. 200,000 cartons will be ,checked on the weighing equipment each year, with an ...