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hodyreva [135]
3 years ago
5

Susan purchases and places in service property costing $1,050,000 in 2019. She wants to elect the maximum Sec. 179 deduction all

owed and does not plan to apply bonus depreciation. Her business income is $900,000. What is the amount of her allowable Sec. 179 deduction and carryover, if any? Group of answer choices 179 deduction Carryover $1,020,000 0 179 deduction Carryover $900,000 0 179 deduction Carryover $900,000 $120,000 179 deduction Carryover $900,000 $150,000
Business
1 answer:
9966 [12]3 years ago
4 0

Answer:

d) Sec.  179 deduction $900,000

Carryover  $150,000

Explanation:

The amount of Susan allowable Sec. 179 deduction is $1,050,000 (cost of asset) but it is limited to her business income ($900,000)

Hence,

          Sec. 179 deduction $900,000

                          Carryover  $150,000

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The sale of turkeys in the United States is highest in mid- to late November, as people buy turkeys to serve at Thanksgiving. Gr
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Answer:

Occasion

Explanation:

Segmenting: It is a marketing technique of dividing the marketplace into different segment to implement any marketing plan or introducing new product. These segments should be defined, accessible, actionable and profitable.

There are four type of market segmentation:

  • Demographic
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  • Behavioral.
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Occasion segmentation is one of the way of behavioral segmentation as few market are segmented on the basis of specific occasion and product need to be introduced as per the need of the occassion as it uses customer buying behavior on the particular occasion. Similarly, in the case given the sale of turkey in US increases on the eve of Thanksgiving.

8 0
3 years ago
g Suppose the Federal Reserve begins to increase the supply of money at an increasing rate. What impact would that have on GDP,
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Expansionary monetary policy shifts AD to the right.

<h3>What is Expansionary monetary policy?</h3>
  • Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic growth.
  • During difficult economic circumstances, a central bank may use expansionary monetary policy to reduce unemployment and stimulate growth.
<h3>Impacts on GDP, unemployment, and inflation by the increase of supply of money:</h3>
  • The Federal Reserve begins to grow the money supply at an increasing rate.
  • The impact on GDP, unemployment, and inflation would be significant.
  • AD is shifted to the right by expansionary monetary policy.

Therefore, expansionary monetary policy shifts AD to the right.

Know more about Expansionary monetary policy here:

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8 0
2 years ago
This year Nathan transferred $1 million to an irrevocable trust established for the benefit of his nephew. The trustee is direct
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Answer:

Zero- there is a $10 Million exemption equivalent ( d )

Explanation:

Annual exemption to be ignored = $15000

$1 million  to an irrevocable trust

taxable gifts = $6 million

A) The amount of gift tax Nathan must remit in 2017 ignoring annual exemption

The gift tax must remit in 2017 is zero because there is a $10 million exemption because of the annual exception ( even if the annual exception is ignored ) and  the lifetime benefits on taxable gifts that Nathan has is approximately $11.4 million, hence he wont be remitting any amount on gift tax in 2017

7 0
3 years ago
Understand the general arguments made in sections 1, 2, and 7 of Kraut's "Aristotle on Becoming Good" and consider how these ide
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Answer:

Aristotle argues that what differentiates human beings from other animals is the human reason.

Explanation:

"Good life" can be seen as the one in which a person understand and exercise their rational faculties. The word "good" can be used to show moral approval. Therefore, for someone to be called good, they must have possessed and practiced many important virtues and not pursuing their own pleasure all the time.

According to Aristotle, happiness consists in achieving all the goods like health, wealth, knowledge, friends etc throughout a lifetime. He sees happiness as the central purpose of human life.

Aristotle believes that the highest good is a solitary nucleus which all other goods are acted upon and this highest good is happiness.

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Answer: 100 barrels per hour.

Explanation:

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