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icang [17]
3 years ago
8

In june 2016, kelly purchased new equipment for $26,000 to be used in her business. assuming kelly has net income from her busin

ess of $75,000 prior to the deduction, what is the maximum amount of cost recovery kelly can deduct rounded to the nearest dollar, assuming she does not elect §179 expense or bonus depreciation
Business
1 answer:
mel-nik [20]3 years ago
4 0
The answer is "<span>$14,858".

this is how we calculate this;
</span><span>She purchased new equipment for = $26,000 
</span>($26,000 × 50% bonus) + ($13,000 × 14.29%)
=13,000 + 1857.7
= $14,857.7 = $14,858
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3 years ago
Belinda has found a business opportunity she believes will be​ successful, but there are already a couple companies in that mark
Pavel [41]

Answer: Option D              

Explanation: Competitive advantage refers to situation when an organisation gets favorable advantage in the market over its competitors.

   In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.

Hence from the above we can conclude that the correct option is D.  

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3 years ago
Select a business/company that you feel does not understand the psychology of waiting and provide examples in their process wher
kramer

Answer:

Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :  

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b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.  

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5 0
3 years ago
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son4ous [18]

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16650+

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kaheart [24]

Answer:

The normal balance of liabilities is a credit.

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For accounts with negative balance a credit reduces its balance while a debit increases its balance.

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So liability has a normal credit balance

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