Answer:
= $115,559.84
Explanation:
The MACRS represents Modified Accelerated Cost Recovery System and it represents a depreciation method that is accepted for taxation purpose in the United States. The MACRS allows an asset's capitalized cost's recovery over a period of time based on annual deductions.
From the question, the fixed asset was purchased for $139,700
the MACRS rate to use at the end of 4 years = 0.2, 0.32, 0.192 and 0.1152
The accumulated depreciation therefore,
= (0.2+0.32+0.192+0.1152) x $139,700
= $115,559.84
A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.
<h3>What is international trade?</h3>
International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.
The three types of international trade are:
- Export Trade
- Import Trade
- Entrepot Trade.
Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.
Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412
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Answer:
-$5 million
Explanation:
In this question, we are asked to calculate the maximum change in banking system deposits as a result of a withdrawal.
mathematically;
change in checking deposits = Change in Reserves * 1/Reserve Requirement
From the question, the reserve requirement is 20% = 20/100 = 0.2
The change is thus -1 million * 1/0.2
-1 million * 5 = -$5 million
Answer:
Revenue = $980
so correct option is D. $980
Explanation:
given data
pay Taylor = $5,880
time = 1 year period
to find out
Taylor should recognize revenue in 2018
solution
we know that here work is started as on 1st November 2018 and take 12 month to complete it mean it take 2 month in 2018 and 10 month in 2019
so we get revenue for the year 2018 that is only for 2 months.
so
Revenue for the year 2018 is
Revenue = $5,880 × 
Revenue = $980
so correct option is D. $980
Answer:
The correct order is option B.
Explanation:
As the order is in which the items are in the process of the subsidiary is given as by option B.
Option A is not true as the step of receiving report is not at the start of the process.
Option C is not true, because all the steps are not included.
Option D is not true as well because all the steps are not included.
