Middlefield motors is evaluating project a, which would require the purchase of a piece of equipment for 330,000 dollars. during year 1, project a is expected to have relevant revenue of 190,000 dollars, relevant costs of 61,000 dollars, and some depreciation. middlefield motors would need to borrow 330,000 dollars for the equipment and would need to make an interest payment of 16,500 dollars to the bank in year 1. relevant net income for project a in year 1 is expected to be 13,000 dollars and operating cash flows for project a in year 1 are expected to be 115,000 dollars. straight-line depreciation would be used.

what is the tax rate expected to be in year 1?

answer as a rate in decimal format so that 12.34% would be entered as.1234 and 0.98% would be entered as 0098 number red royal media is evaluating a project that would require the purchase of a piece of equipment for 780,000 dollars today. during year 1, the project is expected to have relevant revenue of 643,600 dollars, relevant costs of 351,100 dollars, and relevant depreciation of 99,400 dollars. red royal media would need to borrow 780,000 today for the equipment and would need to make an interest payment of 35,500 dollars to the bank in 1 year. relevant operating cash flow for the project in year 1 is expected to be 170,268 dollars.

what is the tax rate expected to be in year 1?

answer as a rate in decimal format so that 12.34% would be entered as.1234 and 0.98% would be entered as .0098 number