Answer:
The correct answer is $30,290.
Explanation:
According to the scenario, the computation can be done as follows:
This applies regular MACRs
So, As furniture is the Seven year property,
So, the cost recovery deduction for the furniture = $100,000 × .1429
= $14,290
And The computer is a five year asset
So, the cost recovery deduction for the Computer = $80,000 × .20
= $16,000
So, Total Cost recovery deduction = Cost of recovery deduction for furniture + cost of recovery deduction for computer
= $14,290 + $16,000
= $30,290
Hence, the cost recovery deduction for the business assets for 2019 is $30,290.
Answer:
The answer is below
Explanation:
The impact of corruption and fraud on an individual is numerous, whether it is coming from a company or a state.
Usually, the impact of corruption and fraud on individuals makes such individuals have a wrong perception of the situation.
If the individual is at the wrong end of corruption and fraud, such individual would miss many opportunities, including access to employment, good health care systems, be exposed to the inefficient quality of standard of living, and many more. Hence, such an individual would believe that little to nothing works in his immediate environment.
In the same vein, if such an individual is gaining from fraud and corruption, he would believe the situations are right for him, and that it is perfectly normal to cheat, lie, and bribe his way through to success. Hence, such an individual would see the world as the best fraudster or most corrupt rules the world and it would be a normal thing to him.
Answer:
travel agency
Explanation:
as service businesses include <u>companies engaged in transport</u>, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.
Stock price would be equal to total value of equity divided by no. of shares outstanding. The total value of equity would be calculated as follows:
Total value of equity = corporate value – notes payable – long term debt – preferred stock
= $900 million - $110 million – 90 million – 20 million
= $680 million
The price of the stock would be:
Stock price = total value of equity / no. of shares outstanding
= $680 million / 25 million
= $27.20
