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Rzqust [24]
3 years ago
11

Patrick purchased a used passenger automobile on June 1, 2018. He paid $19,000 for the automobile. During 2018, he uses the auto

mobile 75 percent of the time for business. Patrick wishes to claim the maximum amount of depreciation possible (no bonus depreciation or election to expense).a.Calculate Patrick's depreciation expense on the automobile for 2018.
b.Calculate Patrick's depreciation expense on the automobile for 2019, assuming the same 75 percent business use.
Business
1 answer:
kkurt [141]3 years ago
8 0

Solution:

a. The first year depreciation = $3,160

The second year depreciation = $5,100

b. By considering 75% used for business purchase

    For 2018 , for 7 months remaining

   Depreciation = $3,160 x 75% ( \frac{7}{12}

                         = $1382.50

  For 2019 ,

   Depreciation = $5,100 x 75% = $3,825

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g What is the bond equivalent yield of a bond if it has 100 days to maturity, a par value of $10,000, and is currently trading a
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Answer:

Answer - 1

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Presently the item was reviewed again before being introduced in definite item this is likewise a basic non esteem included action, on the grounds that to satisfy the standard set for the item we need to assess that correct segment is introduced in conclusive item. Let say if the representative don't investigate and wrong item is introduced in the last item than the inadequate item will be made which is having more misfortune than the expense of review.  

So as per me these are fundamental non esteem added action which should be done so as to consent to administrative or set guidelines.  

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Redundancy can't as assessment is an action which should be conveyed with the goal that we get right segment in first circumstance and in second circumstance don't create deficient item.  

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My responsibility is to make them sure that their job is likewise important during the time spent creation so need not stress that they will lose the positions. I will specify that what kind of movement you are doing and how it will support the association.  

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