Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to

Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to transfer your $12,000 balance from your current credit card, which charges an annual rate of 18.6 percent, to a new credit card charging a rate of 9.2 percent. How much faster could you pay the loan off by making your planned monthly payments of $225 with the new card? What if there was a 2 percent fee charged on any balances transferred?

Perkins Manufacturing is considering the sale of two non depreciable​ assets

Perkins Manufacturing is considering the sale of two non depreciable​ assets, X and Y. Asset X was purchased for $ 1 comma 920$1,920 and will be sold today for $ 2 comma 400$2,400. Asset Y was purchased for $ 29 comma 000$29,000 and will be sold today for $ 35 comma 200$35,200. The firm is subject to a 34 %34% tax rate on capital gains.

a. Calculate the amount of capital​ gain, if​ any, realized on each of the assets.

b. Calculate the tax on the sale of each asset.

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