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iVinArrow [24]
3 years ago
10

Rachelle purchased a warehouse 19 years ago in the month of September. The purchase price was $400,000. In May of the current ye

ar (year 20), Rachelle sold the warehouse. She will be able to deduct $ for depreciation on the warehouse in the year of sale. (Round your answer to the nearest whole dollar.)
Business
1 answer:
statuscvo [17]3 years ago
3 0
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Which of the following happens when there are market failures? A) Firms compete more leading to more efficiency. B) The invisibl
lbvjy [14]

Answer:

The correct answer is option D.

Explanation:

A market failure refers to the situaion where the market forces fail to efficiently allocate resources. It happens because of a number of reasons such as externalities, monopoly, asymmetrical information, tragedy of commons etc.

In case of market failure, the government has to intervene to efficiently allocate resources. The failure of price mechanism to produce goods efficiemtly results in government to intervene.

5 0
3 years ago
The Financial Accounting Standards Board has the authority to develop generally accepted accounting principles. Choose the optio
olga2289 [7]

Answer:

d.

Explanation:

Based on the information provided within the question it can be said that the correct steps that are used by the FASB in developing GAAP (generally accepted accounting principles) would be the following: issuing a discussion memorandum, issuing an exposure draft, and issuing a statement of principle. This collection of accounting rules was then adopted by the U.S. Securities and Exchange Commission.

4 0
3 years ago
Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, inte
mylen [45]

Answer:

Explanation:

I will split this answer into two options...

Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.

Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.

5 0
3 years ago
Assume Joe Harry sells his 25% interest in Joe's S Corp., Inc. to Tyrone on January 29. Using the specific identification alloca
WARRIOR [948]

Answer:

The $29,000 is the income which does harry report

Explanation:

Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.

First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.

One day income = Total income ÷ Number of days in a year

                            = $1,460,000 ÷ 365 days

                            = $4,000

Now,the income is

= one day income × 29 days × rate if interest

= $4,000 × 29 × 25%

= $29,000

Thus, the $29,000 is the income which does harry report

4 0
3 years ago
Janice and Shunil are both senior software analysts. They have worked together on projects OF Six years and get along great. Jan
Natali [406]

Answer:

The appropriate response is Option D (Job sharing).

Explanation:

  • Only by seeking less time can Janice as well as Shunil partake throughout the sharing of jobs, which further enables conventional forty-hour-a-week employment to have been shared between multiple individuals.
  • The remaining structural solutions were indeed obligations still forty hours each week.

Additional options are not connected with the situation. Thus the answer above is correct.

7 0
3 years ago
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