题目解释:C 公司有一幢建筑,原始价值为400000,现在账面价值是250000.建筑是贷款购买,现在还有20000没有还,贷款必须在建筑卖掉时还清.如果现在花600000购买新建筑,现在的建筑可以卖到380000,税率是40%,如果新设备购买,相关的购买现金流是多少?

考点:relevant  cash flows的计算.关键词: relevant

解题思路:分为两方面计算,购买新设备和出售旧设备现金流

This answer results from two errors: (1) Not deducting the mortgage payoff required on the old building. Before title to the building can be transferred to the buyer, the mortgage must be paid off. The payoff of the mortgage will be deducted from the cash received for the sale by Charles Company. (2) Incorrectly calculating the income tax due on the sale of the old building. The income tax is based on the amount of the gain, not on the amount of the sale. The amount of the gain is the difference between the sale price and the book value of the old building.
This answer results from incorrectly calculating the income tax due on the sale of the old building. The income tax is based on the amount of the gain, not on the amount of the sale. The amount of the gain is the difference between the sale price and the book value of the old building.
The relevant initial net cash outflow is $292,000, as follows: Cash from sale of old building $380,000 Less: Mortgage payoff (20,000) Calculation of tax due on gain on sale: $380,000 ? $250,000 = $130,000 gain on sale Tax on gain = $130,000 × .40 (52,000) Purchase of new building (600,000) Net cash outflow $(292,000)
This answer results from not deducting the mortgage payoff required on the old building. Before title to the building can be transferred to the buyer, the mortgage must be paid off. The payoff of the mortgage will be deducted from the cash received for the sale by Charles Company.