Answer:
d.) $38,000
Explanation:
Given that
Acquired value of the plant = $190,000
Recovery period = 5 years
So according to section 179, the total deduction is limit to the 1 by 5 i.e useful life or recovery period of acquired price or purchase price
So, the amount is
= Acquired value of the plant ÷ recovery period
= $190,000 ÷ 5 years
= $38,000
By dividing the acquired value with the recovery period we can get the maximum deduction
D is the answer I’m sure of it
Answer:
C
Explanation:
which is a legal tender and it's generally acceptable
Answer:
The correct answer is a) The economy moves from a boom to a recession
Explanation:
The fiscal policy used by the federal reserve is the use of government spending and tax policies to contract or expand the economy.
If the Federal Reserve of the United States increases the interest rates it carries a contract policy of the economy. It is used to reduce the inflation and the economy moves from a boom to a recession
Given that the contrsct that is being made here has been said to be ratified, the contravt can be said to a valid contract.
<h3>What is a valid contract?</h3>
This is a term that is used to refer to a contract that has been found to b e valid and also enforceable.
What makes a contract valid is the fact that there is an expressed offer, and a valid acceptance.
Read more on contracts here: brainly.com/question/5746834
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