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max2010maxim [7]
2 years ago
7

When a firm can _____ its capital equipment over a shorter period, it cuts its taxes _____. appreciate; later appreciate; now de

preciate; now depreciate; later
Business
1 answer:
Andre45 [30]2 years ago
8 0

When a firm can depreciate its capital equipment over a shorter period, it cuts its taxes now.

A capital asset's value dropping is referred to as capital depreciation. To determine the recovery cost incurred on fixed assets over the course of their useful lives, assets are depreciated. When the asset reaches the end of its useful life or you need to sell it, this is used as a sinking fund to replace it. Depreciation lowers the taxable income, which lowers the tax burden. Capital assets are listed as an asset on the balance sheet and are depreciated over the course of their useful lives. Businesses typically have to spread out the costs of capital investments over a number of years in accordance with predetermined depreciation schedules.

More about depreciation brainly.com/question/15178885

#SPJ4

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A. prevention costs

Explanation:

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The meaning of the word franchise
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It's  a special privilege (<span>freedom or immunity)</span> granted to an individual or  a group.

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Photon
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3 years ago
Read 2 more answers
William buys land for $40,000 cash. Ten years later, when the land has dropped in value to $30,000, William sells it to his wife
olga_2 [115]

The income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Realized loss = Purchase cost - Sales cost

Realized loss = $40,000 - $30,000

Realized loss = $10,000

Hence, the income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Therefore, the Option A is correct.

Missing options includes <em>"William realizes and recognizes loss in the amount of $10,000.  William realizes and recognizes zero gain or loss. William realizes loss in the amount of $10,000 but does not recognize that loss. None of the above."</em>

<em />

Read more about income tax

<em>brainly.com/question/1657264</em>

8 0
2 years ago
When the prospect asked, "Will I get a 2-year service warranty on this heating system?" The salesperson responded, "Before you d
Iteru [2.4K]

Answer:

Dodge method

Explanation:

Dodging is a method a salesperson can employ when met with an objection from a customer or potential customer. This method involves sidelining or shelving the objection without answering, while preoccupying the mind of the customer with a another good proposition about the product or service you are trying to sell. Just as seen in the example above, the prospect’s objection is about the warranty service, but the salesperson didn’t answer the objection, rather he shelves it aside as he attempts to shift the prospect’s attention to how the new timer will save the prospect money.

6 0
4 years ago
which of the following terms refers to the comprehensive system for collecting analyzing and communication financial information
givi [52]

Answer:

Accounting

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Accounting is a vital part of every business, and it is related to proper collecting, analyzing, managing and communicating financial information. Being such an essential part of businesses, it is always defined and regulated by appropriate entities (state agencies and other regulators).

Accounting is done by an accountant or a bookkeeper, who is the person in charge of generating the needed reports and summarizing the financial data in the proposed manner.

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3 years ago
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