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IRISSAK [1]
3 years ago
14

Euclid acquires a 7-year class asset on May 9, 2019, for $176,500 (the only asset acquired during the year). Euclid does not ele

ct immediate expensing under § 179. He does not claim any available additional first-year depreciation. Calculate Euclid's cost recovery deduction for 2019 and 2020.
Business
1 answer:
tatiyna3 years ago
3 0

<u>Solution and Explanation:</u>

<u>Calculation of Elucid’s cost of recovery deduction for the year 2019 and 2020 </u>

Cost of recovery deduction for 2019 = Assets value * depreciation rate for the first year

=176500 * 14.29 \text { percent } ( it has calculated by using MACR table)

= $ 25221.85

Therefore, the cost of recovery of deduction in 2019 is $25221.85

<u>Cost of recovery deduction for 2020 = Assets value * depreciation rate for the first year </u>

=\$ 176500 * 24.29 \text { percent } ( it has calculated by using MACR table)

= $42871.85

Therefore, the cost of recovery of deduction in 2020 is $42871.85

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Ann [662]

Answer:

NPV = 138,347.55

Explanation:

<em>Net Present Value (NPV) : This is one of the techniques available to evaluate the feasibility of an investment project. The NPV of a project is the difference between the present value of the cash inflows and the cash outflows of the project.</em>

We sahall compute theNPV of this project by discounting the appropriate cash flows as follows:

<em>Prevent Value of  operating cash flow</em>

PV =A× (1- (1+r)^(-n))/r

A- 23,900, r - 12%, n- 5

PV = $23,900 × (1- (1.12)^(-5))/0.05

=206,769.963

<em>PV of Working Capital recouped</em>

PV = 5600× 1.12^(-5)

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NPV = initial cost + working capital + Present Value of working capital recouped + PV of operating cash inflow

NPV = (66,000) + (5600) + 3,177.59 + 206,769.96

NPV = 138,347.55

5 0
3 years ago
Suppose the customer data analysis software used by ABC Bank is significantly changed, and its documentation is therefore revise
viva [34]

Based on the information given this type of maintenance is called a maintenance release.

A maintenance release is a release which help to make correction on security issues such as threat  or vulnerability without modifying or adding new features to the software.

Maintenance release help to fix or repair programming errors that  occur during the software life cycle stage or programming error that occur due to mistake during the requirement stage validating process.

Software that are released often undergo a maintenance release so as  detect and fix any error or bug that was detected.

Inconclusion this type of maintenance is called a maintenance release.

Learn more about maintenance release here:brainly.com/question/13860230

6 0
2 years ago
The pdca cycle is a powerful approach for problem solving as it provides the foundation for teams to
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The pdca cycle is a powerful approach for problem solving as it provides the foundation for teams to figure out ways to change and implement new ideas within their group setting and project or business. The PDCA stands for plan-do-check-act. In the planning stage your team will plan by determining what the problem is and what ways to fix it. In the do stage, your team will act on the ways you can solve the problem. In the check stage you are looking to check your work and see what worked and what needs to be changed. The final stage is the act stage which if you find solutions that work, implement them moving forward.


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3 years ago
HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends?
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Answer:

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5 0
3 years ago
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A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 76 pounds of Kona coffee beans a
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Answer:

Explanation:

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3 years ago
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