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blagie [28]
3 years ago
8

Augie purchased one new asset during the year (five-year property) on November 10, 2019, at a cost of $660,000. She would like t

o use the § 179 election and will also take additional first-year depreciation. The income from the business before the cost recovery deduction and the § 179 deduction was $600,000. Determine the maximum cost recovery deduction available on this asset for 2019.
Business
1 answer:
NeX [460]3 years ago
6 0

Answer:

$600,000

Explanation:

adquisition 660,000

but income for the period is 600,000

According to the law, you can only deduct as far as it does not exceed the taxable income

AKA until making the net income equal to zero.

You can generate an income tax benefit for using the § 179

The remaining 60,000 can be carry-over to next year if the requirement is met.

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Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
MAXImum [283]

Answer:

C. every additional missile will reduce consumer goods production more and more.

Explanation:

Due to the fact there are limited resources in the economy, as more of one product is being produced, there would be less resources available to produce the second good and as a result,  the number of the other good that can be produced would reduce.

As more of one good is produced, the opportunity cost of producing the other good increases.

As more missiles are produced, less consumer goods would be produced and the opportunity cost of consumer goods would increase.

This can be understood by looking at the production possibility curve.

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced

It is for this reason that the production possibility frontier is bowed outwards

8 0
3 years ago
The area of accounting that serves the decision-making needs of internal users is referred to as (managerial/financial/research)
zepelin [54]

Answer: Managerial Accounting

Explanation:

Managerial accounting refers to the preparation of reports and analysis from the company's accounting information to enable managers decide the ways to go with a company.

This type of accounting is for internal use and so is not subject to the kind of scrutiny that financial accounting gets from accounting bodies such as IASB and the FASB.

An example would be the Supply Manager may ask for a report to be made showing them the increase in supply costs for the past decade from their preferred supplier to enable them make a decision on if to find a new supplier.

5 0
4 years ago
How does the federal government's fiscal policy affect the U.S. economy?(1 point)
MrRissso [65]

Answer:

I think its d

Explanation:

Want my number I bored

4 0
2 years ago
Janice developed a media plan for a client that recommended 10 commercials in a television program that delivered 4 million targ
Kisachek [45]

Answer:

49 million impressions

Explanation:

In media gross impressions are defined as the total number of people that represented in a media schedule. When a media campaign is launched unique impressions are counted to make up gross impression.

For example on digital marketing a visit from a customer is counted as one impression by cookies. Once a new user logs in a new impression is created.

In this instance for the television program total number of impressions for one advert can be calculated as

Impression = Average persons * Number of spots (commercials)

Impression= 4 million persons * 10

Impression = 40 million

For the magazine it aims to target 3 million people with 3 full page adverts

Impression = 3million * 3

Impression = 9 million

Therefore total impression of the campaign

Gross impression= 40 million + 9 million

Gross impression= 49 million

5 0
4 years ago
Jayla just opened a fitness studio in her hometown. Since her goal is to become the leading fitness studio in the area, she appr
Blizzard [7]

Answer:

<em>The correct option is D) a target</em>

Explanation:

In business studies, most of the business holders have different goals which can be attained through different key components.

The key components of each goal can be specific as you cannot follow the wrong key components and desire for outcomes which are not related to the key components.

Jayla has a goal to become the leading fitness studio owner of the area, for this she sets up key components in the form of targets for each day that should be accomplished.

8 0
4 years ago
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