To strengthen requirements from basel ll on the bank’s minimum capitol ratios.
Answer:
C. $31,000
Explanation:
The computation of the depreciation expense is shown below:
Net balance of the equipment on the year 20X5
= Original cost - accumulated depreciation
= $379,000 - $153,000
= $226,000
Net balance of the equipment on the year 20X4
= Original cost - accumulated depreciation
= $344,000 - $128,000
= $216,000
So, the difference is $10,000
And, in 20X5, the loss on sale of equipment is
= $50,000 - $9,000
= $41,000
Now the depreciation expense is
= $41,000 - $10,000
= $31,000
Answer:
FV= $857,840.94
Explanation:
Giving the following information:
First investment:
Annual deposit= $5,000 per year
Interest rate= 10%
Number of years= 5
Second investment:
Number of years= 35
Interest rate= 10%
Lumpsum= first investment
First, we need to calculate the future value of the first investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000*[(1.1^5) - 1]} / 0.10
FV= $30,525.5
Now, the future value of the second investment.
FV= PV*(1+i)^n
FV= 30,525.5*(1.1^35)
FV= $857,840.94
Answer:
C. MACRS depreciation expense.
Explanation:
Material participation in an income-producing activity. That is, an activity that is regular, continuous, and substantial leading to income-producing actions, in which the taxpayer materially participates is an active income or loss.
Answer:
A LOT
Explanation:
BECAUSE EVERYTIME I REALLY BE WANTING TO GO TO COLLEGE TO BE SUCCESSFUL