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Nataliya [291]
3 years ago
13

A recent study conducted by the state government attempts to determine whether the voting public supports a further increase in

cigarette taxes. the opinion poll recently sampled 1,500 voting age citizens. 1,020 of the sampled citizens were in favor of an increase in cigarette taxes. the state government would like to decide if there is enough evidence to
Business
1 answer:
wolverine [178]3 years ago
8 0
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An asset (not an automobile) put in service in June 2019 has a depreciable basis of $40,000 and a recovery period of 5 years. As
arlik [135]

Answer:

$40,000

Explanation:

Maximum amount of cost that can be deducted is full amount of $40,000. The maximum amount that can be claimed as bonus depreciation is the cost of the asset under consideration. The percentage of claim might be different and applicable according to announced by the Tax department, but the total amount that a person can claim as Depreciation Bonus is the Total cost of that asset.

3 0
3 years ago
Fidelity Stereo Company has provided the following information regarding its activity-based costing system:Purchasing department
VikaD [51]

Answer:

a. $392, 265

Explanation:

Given that:

i. Purchasing department, overhead allocation rate is $77 per purchase order.

ii. Assembly department, overhead allocation rate is $5 per part.

iii. Packaging department, overhead allocation rate is $4 per unit.

iv. Direct material cost is $70 per unit.

v. Each stereo has 50 parts.

Total parts required = 1200 x 50

                                 = 60000

vi. 45 purchase order was required for 1200 stereos.

Thus:

i. $77 x 45 = $3465

ii. $5 x 60000 = $300000

iii. $4 x 1200 = $4800

iv. $70 x 1200 = $84000

Therefore,

total cost for 1200 stereos = $3465 + $300000 + $4800 + $84000

                                            = $392, 265

8 0
3 years ago
The desired reserve ratio is 10 percent of deposits, and the currency drain ratio is 1 percent of deposits.
Flauer [41]

Answer:

Quantity of money changes by $50,000,000

Explanation:

Desired reserve ratio = 10% = 0.1

Currency drain ratio = 1% = 0.01

Money multiplier = (1+0.1) / (0.1+0.01) = 1.1/ 0.11 = 10

Value of securities purchased = $5 million

Change in quantity of money :

$5 million * 10 = $50 million

Currency created : currency drain ratio * change in quantity of money

0.01 * $50,000,000 = $500,000

Amount of bank deposit = quantity change - currency created

= $50,000,000 - $500,000 = $4,500,000

4 0
3 years ago
Open-market operations involve _____ and _____ securities to influence the money supply.
Akimi4 [234]
Open market operations involve buying and selling securities to influence the money supply. The correct answer is C. 
8 0
3 years ago
Read 2 more answers
If a stimulus plus a response results in a satisfying outcome, the probability of that response occurring again ________. a) dec
Amiraneli [1.4K]

Answer:

The correct answer is c) increases

Explanation:

If a stimulus plus a response results in a satisfying outcome, the probability of that response occurring again increases.

When the stimulus and response produce a satisfying outcome is because the answer had given an excellent outcome, which could cause it to happen again because it generates a satisfactory feeling, and the probability to increase, goes up.

7 0
3 years ago
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