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Andreas93 [3]
3 years ago
6

Quanti Co., a calendar-year taxpayer, purchased small tools for $5,000 on December 21, Year 1, representing the company’s only p

urchase of tangible personal property that took place during Year 1. Assume Quanti Co. does not want to take §179 or bonus depreciation on the tools. On its Year 1 tax return, how many months of MACRS depreciation may Quanti Co. claim on the tools?
1. one month
2. none
3. one and a half month
4. six months.
Business
1 answer:
Jlenok [28]3 years ago
6 0

Answer: Option A is the right answer

Explanation:  Evidences in most cases has shown that MACRS  is all about applying convention for one and a half year on assets. So when an entities owns 35-40% of an asset in forth quarter, Mid quarter convention will  be applied for only one half of the last quarter, logically one and half month in the last quarter.

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Laura, a sales manager at Dexter Inc., claims that labor and management are rivals for most organizations. Brooke, the HR manage
Afina-wow [57]

Answer:

Dexter Inc.

The statement that best supports Brooke's perspective is:

Examples of cooperation between labor and management include employee involvement in decision making and self-managing teams.

Explanation:

When labor and management act as rivals or adversaries, it does not benefit their organizations.  They should find common grounds for cooperation.  Organizations should involve their employees in more decision-making.  Despite their incongruent goals, unions and management should find win-win solutions.  Paying employees a living wage does not impoverish the organization.  On the contrary, everybody is greatly enriched.

3 0
3 years ago
Bank Robbery. Victor robbed Safe Bank of a significant sum of cash. Safe Bank offered a reward of $10,000 for anyone who capture
laiz [17]

Answer:

E. Ursula is likely to prevail because an enforceable unilateral contract exists based on her provision of information leading to the capture of Victor.

Explanation:

A unilateral contract is in existence because safe bank has made an offer to pay $10,000. And in a unilateral contract when an offerer like safe bank makes an offer, the offer is accepted through actual performance which Ted has done through information Ursula provided. Therefore Ursula would prevail because unilateral contracts are enforceable by the law.

4 0
3 years ago
Economic efficiency in a competitive market is achieved when
Ludmilka [50]

Answer:

when you operate with your own products

Explanation:

economically doing well on business and people loving the pricws

6 0
3 years ago
Read 2 more answers
An investor buys 400 shares of stock in a fund when the net asset value is $23.79 and the offer price is $23.89. The investor
Airida [17]

Answer:

I believe the best answer would be A. $10,580

Explanation:

400 x 23.89 = $9,556. 400 x 50.34 = $20,136

$20,136 - $9,556 = $10,580

8 0
3 years ago
Other things remaining the same, if the price of a , budget line ______. other things remaining the same, if budget for and , bu
Karo-lina-s [1.5K]

1. Other things remain the same if the price of a budget line increases then the budget line will tilt inwards from the intercept of the goods whose price is constant.

2. other things remaining the same, if the budget for and, budget line a change in the Income of Consumer.

The budget line will move to the right to the new location as a result of the price of good X declining, the consumer's income being constant, and the price of Y increasing. If the price of good X increases while the price of good Y and income remain unchanged, the budget line will go up.

A budget line is a line that specifies the upper and lower bounds of permissible consumption and is based on the SUPPLY and DEMAND of goods and services from the customer. Budget, Prices, Demand, Prices Budget, Prices, Demand, Prices He has $1.00 to spend each week on coffee and Coke, and he has a total of $12.00 to spend on these items.

Learn more about the budget line and price of goods here:

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7 0
1 year ago
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