Answer:
The answer is <u>"2.04%".</u>
Explanation:
Purchase price = $490,000
Selling price = $500,000
Percentage return on his investment = ?
Return on investment = Profit / Purchase price
Profit = Selling price − Purchase price
Return on investment = (Selling price − Purchase price) / Purchase price
= ($500,000 - $490,000) / $490,000
= $10,000 / $490,000
= 0.0204
To find percentage, multiply it with 100;
0.0204 x 100 = 2.04%
Thus the percentage return on his $490,000 investment = <u>2.04%</u>
Answer:
hi your question lacks the options here is the options and the answer
a.
$1,000,000
b.
$200,000
c.
$1,050,000
d.
$1,026,000
e. $210,000
answer : $1026000 ( D )
Explanation:
properties placed in service in 2019 = $1050000
The threshold for the year 2019 under the section 179 = $2550000
Maximum expense/deduction before phase out under the section 179 = $1020000
The depreciable value =$1050000 - $ 1020000 = $30000
The MACRS depreciation half - year convention under 5 years = 20% of depreciable value = 20% * 30000
= $6000
hence the total cost recovery = MACRS + Maximum expense/deduction
= $6000 + $1020000
= $1026000
When you ask me about exchage rate I remember about Arabic coming to Africa for trading goods. So this tells me that the the value of one currence from deferent nations was converted to another. I hope you got it.
Answer:
Companies use job cost sheets to track the costs of:
materials, labor, and overhead costs of a job
Explanation:
Job cost sheets are used to record the prime costs of each job separately. These prime costs can also be described as manufacturing costs, which include direct material, direct labor, and manufacturing overhead costs. The costing system that relies on the use of job cost sheets is called job order costing. It tracks the prime costs of each job to each job instead of to each batch or department where the costs are incurred.