Cost recovery deduction = $1520
Solution:
Given data
purchase price = $38,000
used the car business = 80%
used the car personal = 20%
solution
cost recovery limit are,
cost recovery limit = asset value × statutory % × mid quarter convention
We recognize the 5-year MACRS convention of car and the depreciation rate of MACRS is 20 percent in the first year.
so we use MACRS statutory % method
cost recovery limit = $38000 × 5%
cost recovery limit = $1900
we know maximum limit is $3160
so cost of recovery is $1900
so,
cost recovery deduction is
cost recovery deduction = cost recovery limit - personal use
cost recovery deduction = $1900 - ( $1900 × 20% )
cost recovery deduction = $1520
When two knowledgeable people acting independently each produce the same info, this info is said to be true because they could have possibly thought about it together.
Answer:
400
Explanation:
400 A larger increase in output and a
smaller decrease in the interest rate. A larger increase in output and a
smaller decrease in the interest rate. A larger increase in output and a
smaller decrease in the interest rate. A larger increase in output and a
smaller decrease in the interest rate. A larger increase in output and a
smaller decrease in the interest rate.
It is based around performance of an entity, so your answer would be A.
Answer:
The correct answer is number "3": maximize the joint welfare, irrespective of the right of ownership.
Explanation:
Externalities are the side effects of the economy: pollution, noise, unequal distribution, immigration, and resource exploitation are a few examples. the Coase Theorem is a legal and economic theory that looks for economic efficiency in front of externalities like the one described above. In pursuing a Coase solution for externalities that could lead to a socially efficient outcome, increasing the numbers of welfare so enough less favored people and immigrants can have a roof to sleep under might be a good option.