1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jek_recluse [69]
3 years ago
13

McKenzie purchased qualifying equipment for his business that cost $212,000 in 2018. The taxable income of the business for the

year is $5,600 before consideration of any § 179 deduction. If an amount is zero, enter "0".
a. McKenzie's § 179 expense deduction is $ 5,600 for 2018. His § 179 carryover to 2019 is $ 206,400 .



b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment? Hint: See Concept Summary 8.5. McKenzie's § 179 expense deduction is ? for 2018. His § 179 carryover to 2019 is ?

Business
1 answer:
Nikitich [7]3 years ago
7 0

Find the picture in the attachment for answer

You might be interested in
Sammy says, “I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” Explain why this logic
Anvisha [2.4K]

Answer:

Car insurance isn't in place for people who are bad drivers, although I'm sure it helps them too. It's in place for situations you can never predict. Just because you're a good driver doesn't mean the people around you aren't. You have no control of other people's actions, so you might actually need that insurance Sammy.

Explanation:

im smart

6 0
3 years ago
Why is silk smooth ? A long thin fibers B genetic engineering C being harvested in the wild D being made by worms
Marysya12 [62]
A i think. Im not sure though.

3 0
3 years ago
Read 2 more answers
Elle Appliances has recently released its "Elite" cooking range. The cooking appliances were advertised extensively with offers
Margaret [11]

Answer:

C) The company followed a low inventory system.

Explanation:

As the product was new, the correct estimate of expected sales could not be made, and with high demand and hype in the market the company, there was a high demand of the product.

This certainly led to stock out, and not meeting the customers needs.

Accordingly the reputation in market degraded.

This is because of low performance, because of shortage of inventory.

Therefore, the correct option is:

Poor Inventory system, which led to poor performance.

6 0
3 years ago
In January, Stitch, Inc. adopted the dollar-value LIFO method of inventory valuation. At adoption, inventory was valued at $50,0
Dennis_Churaev [7]

Answer:

B. $83,000

Explanation:

Inventory value at adoption = $50,000

Increase in inventory using base year price = $30,000

Current year Price increase = 10%

Increase price = $30,000 + ( $30,000 x 10% )

Increased price inventory = $30,000 + $3,000

Increased price inventory = $33,000

Amount of Inventory reported on balance = Inventory value at adoption + Increase price Inventory

Amount of Inventory to be reported on balance = $50,000 + $33,000

Amount of Inventory to be reported on balance = $83,000

5 0
3 years ago
Over a 10-year period, Rebecca goes to
juin [17]

Rebecca is earning twice as much as Mark because she has added value to herself by getting educated and would most likely be able to solve problems faster and more efficiently than Mark assuming they are in the same industry. Here in lies the value of education.

<h3>How does education help us earn better?</h3>

Education helps to drive innovation and critical thinking. Psychologically, education is one of the best ways to keep the mind active and sharp.

For a society to advance economically, education is essential. In order to consistently be creative, we require employees to pursue new knowledge and research.

Higher literacy rates are also associated with better economic conditions in a nation.

A population with higher levels of education has access to more work options. This is because education fosters research and innovation.

Learn more about education at;
brainly.com/question/24374672
#SPJ1

8 0
2 years ago
Other questions:
  • I tend to be skeptical in dealing with others at work
    9·1 answer
  • A foodhandler has finished trimming raw chicken on a cutting board and needs it to prep vegetables. what must be done to the cut
    9·1 answer
  • Finnegan is a limited partner in Gettout &amp; Associates, a local financial consulting company. Heywood U. Gettout is one of th
    12·1 answer
  • Refer to the table above for a certain product's market in econland. if the world price of the product were $6 and an import quo
    15·1 answer
  • What should you do before giving contact information for your references to a potential employer? A. Notify references and get t
    15·2 answers
  • Among United States' major trade partners in 2014, a trade ______ occurred only with _____. The United States also had the large
    7·1 answer
  • Klara wants to compare the price of a wallet she saw at Nordstrom Rack with other stores that may have the same wallet. She loca
    13·1 answer
  • 1. Dominic Joseph deposits $5,000 in a new savings account at his local bank. The account pays 5.5 percent interest compounded a
    11·1 answer
  • John has to choose between two jobs: one that offers him $50 per hour and one that offers him $35 per hour. the opportunity cost
    15·1 answer
  • Journalize the following transactions, using the allowance method of accounting for uncollectible receivables
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!