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3 years ago

15

A taxpayer places a $50,000 5-year recovery period asset in service in 2016. this is the only asset placed in service in 2016. a

ssuming half-year convention, no immediate expensing, what is the amount of bonus depreciation

1 answer:

Charra [1.4K]3 years ago

8 0

50,000×5=250,000
250,000÷4=625,000
250,000-625.000=375.00
Sum=375.00

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Patagonia donates at least 1% of profits to support environmental causes. There products are also produced under safe, fair, leg

Alchen [17]

Answer: corporate social responsibility practice

Explanation:

Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.

Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.

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3 years ago

After purchasing a coffee cup from your local gas station for $5.00, you can always refill your cup for $0.50. The marginal cost

kumpel [21]

Answer:

c.$0.50

Explanation:

Marginal Cost is the cost of one more unit of a prodcut.

The cost of each refill is $0.50. Therefore, the marginal cost of the 10th is $0.50

I hope my answer helps you

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4 years ago

Your uncle lends you $2,000 less $100 (interest at 5 percent), and you receive $1,900. Use the APR formula to find the true annu

vesna_86 [32]

Answer:

APR =5.263%

Explanation:

Computation of the true annual percentage rate

Using the APR formula to find the true annual percentage rate

APR=(2 × n × I) / [P × (N + 1)]

Hence;

APR= (2 × 1 × $100) / [$1,900 × (1 + 1)]

APR=$200/($1,900×2)

APR=$200/$3,800

APR= 0.05263 ×100

APR =5.263%

Therefore the true annual percentage rate using the APR formula will be 5.263%

7 0

3 years ago

Expenses included in the home office deduction, such as painting or repairs to the actual area of the home used for business, ar

damaskus [11]

Expenses included in the home office deduction, such as painting or repairs to the actual area of the home used for business, are referred to as deductible expenses

<h3>What are home office costs?</h3>

Home office expenses are those incurred as a result of running a business or performing employment-related tasks within one's home dwelling.
Within certain limits, expenses incurred in the operation of a home-based business are deducted on your federal taxes.
With the Tax Cuts and Jobs Act of 2017, the regulations for deductions changed, so make sure you receive information on deductions published in 2018 or later.

learn more about home office costs refer:

brainly.com/question/14924718

#SPJ4

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1 year ago

Carpenters, Inc., a manufacturing company, acquired equipment on January 1, 2017 for $ 520 comma 000. Estimated useful life o

san4es73 [151]

Answer:

Annual depreciation= $47,618

Explanation:

Giving the following information:

Purchasing price= $520,000

Useful life= 7 years

Residual value= $20,000

New useful life= 9 years

First, we need to determine the annual depreciation and accumulated depreciation before January 2020.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (520,000 - 20,000)/7= 71,429

Accumulate depreciation= 71,429*3= $214,287

New annual depreciation:

Book value= 520,000 - 214,287= 305,713

Annual depreciation= (305,713 - 20,000) / 6

Annual depreciation= $47,618

5 0

4 years ago