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Ierofanga [76]
3 years ago
15

tahir owns and operates a gym. In 2020, he purchased and placed the following new assets into service for his business: March 17

, a $1,700 sound system; July 4, a $500 desk; September 2, a $2,000 computer. He did not opt out of bonus depreciation. What is the total 2020 depreciation for the desk
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

$500

Explanation:

Since the Cost of the desk is $500

Also Tahir did not pt out for the bonus depreciation so in this case the 100% cost to be claimed as the bonus depreciation for the year 2020 with respect to the qualifying assets that are purchased in the year 2020

Hence, the total depreciation for the desk in the year is $500 and the same is to be considered

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Answer:

50,490 units

Explanation:

The computation of the number of units the company should produced is shown below:

= Expected sales units + ending inventory units - opening inventory units

where,

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Expected sales units is

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The ending inventory units is

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So, the units to be produced is

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5 0
3 years ago
Briefly explain 3 arguments for and 3 against a national minimum wage.​
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FOR:

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  • more workers attracted to the workforce
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Against

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  • possible unemployment due to job automation
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Here are some basic arguments. You will need to explain these a bit more for your assignment though.

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3 years ago
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Investor is the answer
4 0
3 years ago
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Luden [163]

Answer:

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Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.

Basically, there are four (4) main types of economy and these are;

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Generally, the sources of economic growth of a country are​ work hours growth and labor productivity growth.

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3 years ago
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