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elena55 [62]
4 years ago
9

The modified accelerated cost recovery system (MACRS):Multiple ChoiceIs required for financial reporting.Does not allow partial

year depreciation.Is an outdated system that is no longer used by companies.Is identical to units of production depreciation.Is included in the U.S. federal income tax rules for depreciating assets.
Business
1 answer:
fredd [130]4 years ago
6 0

Answer:

Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.

Explanation:

The U.S. federal income tax rules for depreciating assets is the modified accelerated cost recovery system (MACRS). It is the current system allowed in the nation of the United States for tax computation deductions on account of depreciation for depreciable assets (other than intangible assets).

Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.

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These are selected account balances on December 31, 2020. Land (location of the office building) $97000 Land (held for future us
Artyom0805 [142]

Answer:

$937,000

Explanation:

Calculation to determine the total net amount of property, plant, and equipment that will appear on the balance sheet

Land (location of the office building) $97000

Add Office Building 675000

Add Equipment 457000

Add Office Furniture 135000

Less Accumulated Depreciation (427000 )

Total Net Amount $937,000

Therefore the total net amount of property, plant, and equipment that will appear on the balance sheet is $937,000

4 0
3 years ago
Phil is a healthy college student. When he wakes up in the morning, he can't wait to eat breakfast. While he is asleep and befor
anastassius [24]

Answer:

Glucagon

Explanation:

Glucagon is a hormone produced by the pancreas that helps control the glucose levels. This hormone avoids the glucose levels to drop to a dangerous level by making the stored glycogen to turn into glucose in the liver. It also helps glucose to go to the bloodstream instead of being used by the liver to maintain stable levels.

7 0
4 years ago
A cable company spends, on average, $ 600 to acquire a customer. Annual maintenance costs per customer are $ 45. Annual record-k
tangare [24]

Answer:

Average customer life value

CLV = 1260

Explanation:

Gross Margin \times\frac{retention}{1+discount-retention} )= CLV

Fis, we will calcualteteh gross margin.

For that we need the revenue:

We will calculate the average revenue per year:

50%  30 dollars per month = 180

40%  50 dollars per month = 240

10%   80 dollars per month =  96

average annual revenue per customer: 516

now we ill calcualte the gross margin:

revenue           516

maintenance   (45)

administrative (30)

gross margin   441

441 \times\frac{0.8}{1+0.08-0.80} )= CLV

CLV = 1260

6 0
3 years ago
3. What are the most important elements of Toyota’s organizational structure?
valina [46]
<span>Toyota employs a vertical structure within its business, meaning that it heavily relies on a management driven way of self-running. Managers are highly in control of the flow of business and production. Toyota also employs a system called 'TPS' in which employees have the power to veto a product if there is a defect or reason to believe there will be a defect. This is perhaps the most important element of Toyota's organizational structure.</span>
6 0
3 years ago
What is the relationship between price and the quantity of gasoline demanded
Shkiper50 [21]

Answer:

In the study, Espey examined 101 different studies and found that in the short-run (defined as 1 year or less), the average price-elasticity of demand for gasoline is -0.26. That is, a 10% hike in the price of gasoline lowers quantity demanded by 2.6%. In the long-run (defined as longer than 1 year), the price elasticity of demand is -0.58.

Explanation:

7 0
3 years ago
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