Answer:
C
Explanation:
You add the different transportation expenses.
Answer: The cost recovery deduction for 2019 for these assets is $43000.
Explanation:
New business asset (five year property) purchased March 10, 2019 = $30000
New business asset (seven year property) purchased on November 20, 2019 = $13000
Additional depreciation of the first year is referred as the bonus depreciation.
Also, bonus depreciation in the year 2019 is at 100% of the value of assets bought during this year.
∴ Total assets value = New business asset (five year property) + New business asset (seven year property)
= $30000 + $13000
= $43000
Hence, the cost recovery deduction for 2019 for these assets is $43000.
Answer:
Which of the following would a corporate finance professional typically NOT work with?
Supply chain management
Explanation:
Supply chain management describe the set of production processes and logistics whose ultimate goal is the delivery of a product to a customer.
Answer:
$33.80 per hour
Explanation:
The computation of the predetermined overhead rate is shown below:
= Estimated manufacturing overhead ÷ machine hours
= ($71,000 + $12,100 + $54,900 + $14,000 + $17,000) ÷ (5,000 machine hours)
= $169,000 ÷ 5,000 machine hours
= $33.80 per hour
Answer:
The correct option is (a)
Explanation:
Property dividend is distributing assets as dividends to its stockholders. This distribution is not in the form of cash. It could be any asset including any stock that the organization holds with some other company.
In this case, Houser corporation distributes shares of Baha corporation to its shareholders as dividends. This is an example of property dividend.