1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SVETLANKA909090 [29]
4 years ago
11

An asset (not an automobile) put in service in June 2019 has a depreciable basis of $1,035,000, a recovery period of 5 years, an

d is the only asset placed in service during the year. Assuming bonus depreciation is used, a half-year convention, and the expensing election is made, what is the maximum amount of cost that can be deducted in 2019 (assume no income limitation)
Business
1 answer:
Irina18 [472]4 years ago
7 0

Answer:

The maximum deduction is $207,000.

Explanation:

As per MACRS depreciation table 5 years half year conversion depreciation rate for first year is 20% - 100%/5 = 20%

The maximum deduction is $1,035,000 * 20% = $207,000

You might be interested in
Wallen Corporation is considering eliminating a department that has an annual contribution margin of $80,000 and $160,000 in ann
krok68 [10]

Answer:

$10,000

Explanation:

We need to find the segment margin of the deparment, which is equal to annual contribution margin minus avoidable fixed costs:

Wallen Corporation

Annual contribution margin            $80,000

Annual fixed costs                           $160,000

Unavoidable fixed costs                 $90,000

Avoidable fixed costs                     $70,000

Segment Margin  = Annual contribution margin - avoidable fixed costs

                             = $80,000 - $70,000

                             = $10,000

Therefore, if the company eliminated this department, it would have a financial advantage of $10,000, equivalent to the deparment's current segment margin.

                     

5 0
3 years ago
Adding _____ to a query specifies conditions that must be met for the values of the records to be returned by the query.
Deffense [45]

Search Parameters(APEX VERIFIED)

5 0
3 years ago
Read 2 more answers
Two projects, A and B, are analyzed using ranking present worth analysis with MARR at i%. It is found that PW(A) . PW(B). If MAR
vivado [14]

Answer: The relationship between A and B project cannot be determined with the information given.

Explanation: The relationship between PW(A) and PW(B) is the correlation between project A and Project B in a portfolio.

This is not possible to be calculated with the information given.

But an expression of calculating this is;

PW is the present value of A and B projects.

MARR is the minimum acceptable rate of return

The calculate the correlation of the two project, divide MARR by the multiple of the two project.

That is;

Correlation = MARR ÷ [PW(A) × PW(B)]

Therefore;

Correlation = i11% ÷ [PW(A) × PW(B)]

This shows that the relationship cannot be determined with the limited Information supplied.

3 0
3 years ago
Felice bought a duplex apartment at a cost of $235,000. Her mortgage payments on the property are $1,510 per month, $803 of whic
BartSMP [9]

Answer:

$1,032

Explanation:

Calculation to determine What monthly rent must she charge for each apartment to break even

First step is to calculate the Monthly costs using this formula

Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs

Let plug in the formula

Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]

Monthly costs= $1,510 + 192+ 121 + 241

Monthly costs= $2,064

Now let calculate the Break-even monthly rent per apartment

Using this formula

Break-even monthly rent per apartment = Monthly costs / 2

Let plug in the formula

Break-even monthly rent per apartment = $2,064 / 2

Break-even monthly rent per apartment = $1,032

Therefore What monthly rent must she charge for each apartment to break even will be $1,032

3 0
3 years ago
What is a food technologist
Kay [80]

Answer:

Food technologists are responsible for the safe and efficient development, modification and manufacture of food products and processes.

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • Portions of the financial statements for Horizon Telecom are provided below. HORIZON TELECOM Income Statement For the Year Ended
    7·1 answer
  • Laird's project group in his communication class selected the topic of improving services for nontraditional students on campus.
    7·1 answer
  • Create a list of five action verbs you might use on a job application to describe skills and/or work history.
    7·1 answer
  • What is Galileo Galilei's scientific method?​
    7·1 answer
  • At the beginning of year 1, Looby Corp. purchases equipment for $100,000. The equipment has a residual value of $20,000 and an e
    14·1 answer
  • When inventory declines in value below original (historical) cost, and this decline is considered other than temporary, what is
    7·1 answer
  • The increased risk of foreign investments is most often incorporated in capital budgeting models​ by: ​(Select the best choice​
    7·1 answer
  • Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cent product t
    7·1 answer
  • How are disruptive technologies driving the face of entrepreneurship?
    5·1 answer
  • Harry assigns his rights under a contract with irma to his college roommate, jake. neither harry nor jake notifies irma of the a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!