sole proprietorships, partnerships, and corporations.
Answer: $153,782.70
Explanation:
The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.
In 4 years, the depreciation would be:
= Cost price * (4 year deprecation)
= 525,000 * (14.29% + 24.49% + 17.49% + 12.49%)
= $360,990
Book value :
= 525,000 - 360,990
= $164,010
Gain (loss) = Sale price - Book value
= 150,000 - 164,010
= ($14,010)
Tax payable = (14,010) * 27%
= ($3,782.70)
After-tax cash flow:
= Selling price - Taxes
= 150,000 - (-3,782.70)
= $153,782.70
<em>Note: If there are options, beware of rounding errors and pick nearest option. </em>
Answer:
trade deficit.
Explanation:
Given that
The imports is of $6 million
And, the other cash is $3 million coming in the country
There is $5 milllon exports
And, the other cash of $3 million going out
As we know that
If the imports is more than the exports so there would be trade deficit else trade surplus
Since the imports is $6 million and the exports is $5 million
So, it is a trade deficit
Answer:
b. after telling people that the experiment was interesting, participants in the $1 condition tended to express a more favorable attitude toward the experiment.
Explanation:
In the experiment carried out by Festinger and Carlsmith, the participants are told it was a fun experiment. It will be found that participants that took $1 will have a more positive attitude to the experiment because they are not motivated by the money given but want to have fun while performing the experiment. They are motivated by intrinsic forces.
On the other hand those that got $20 are more interested in the money and will just perform the task to get the reward. They are motivated by extrinsic factors (money),