the answer is: the community could establish norms or even common laws that limits deforestation.
Most people would not fear of conducting a certain thing if there is not negative impact that they can feel after doing it. Establishing social pressure or common laws for people who conducting deforestation could make them either feel guilty or fear. Both can be effective in limiting the number of deforestation.
<u>Answer:</u>$50000
<u>Explanation:</u>
Recovery period of the asset means that the company starts to realize its depreciation for the assets. In the recovery period the taxpayer will start to write off the asset with the depreciation value calculated using the useful years of the asset.
Half year convention means that the assets have been used for the first half of the year and the rest of the depreciation amount will be deductible at the end of the year. So the entire useful value of the asset is taken for the amount of cost of recovery in the year 2019.
Answer:
C. $ 0.
Explanation:
Provided that
Book value of the old machine = $81,300
The Fair value of the old machine = $91,400
So, we can see that there will be a gain of
= Fair value - book value
= $91,400 - $81,300
= $10,100
But this gain would not be recognized in case of lacking commercial substance. So, there would be zero gain or loss
Answer:
You need to have in mind that you are looking at the present value because the lump sum is worth $50,000 today. You need to compare the present for 10 years of your life would be worth today.
So:
FV=0
N=10 X 12=120
PMT= 641
I=6.5% / 12= 0.5417%
Solve for PV= $56,451.91 (is larger than $50,000)
Answer:
Option (c) $7,672
Explanation:
Data provided in the question:
Investment amount i.e principle = $9,875
Interest rate,r = 4.8%
Time, t = 12 years
Now,
Future value = Principle ×
n = number of times compounded per year
Future value =
Future value =
Future value =
Future value = $17,546.55
Also,
Future value = Principle + Interest
Therefore,
$17,546.55 = $9,875 + Interest
or
Interest = $17,546.55 - $9,875
= 7671.55 ≈ $7,672
Hence,
Option (c) $7,672
