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
oksian1 [2.3K]
4 years ago
12

Alice purchases a rental house on August 22, 2019, for a cost of $174,000. Of this amount, $100,000 is considered to be allocabl

e to the cost of the home, with the remaining $74,000 allocable to the cost of the land. What is Alice's maximum depreciation deduction for 2019 using MACRS?
Business
1 answer:
Vlada [557]4 years ago
6 0

Answer:

$1,364

Explanation:

According to the MACRS a rental house is classified as the 27.5 year residential property. It is the first year after purchase and August is the 8th month of 2019 and so according to the MACRS depreciation table for the residential property the rate applicable for this property is 1.364%. Maximum depreciation deduction for the year 2019 is

Cost of House = $174,000

Cost of Land = $74,000

Cost of Building = $100,000

As depreciation on land is not applicable because it does not depreciate. The depreciation will be calculated using Building value

Depreciation = $100,000 x 1.364% = $1,364

You might be interested in
1.9 Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the fol
KIM [24]
Base on the question which ask to compute the following ask in the following question and in my further computation, the answer would be the following.
A. 2.5 tire labors per labor hour
B. 0.025 tires per dollar input
C. 12%
I hope you are satisfied with my answer and feel free to ask for more if you have question and further clarification about the said question
4 0
3 years ago
You’re thinking of buying one of two firms. One has a profit margin of $4 per unit; the other has a profit margin of $10 per uni
steposvetlana [31]

There is not enough information to determine which firm to buy.

Answer: Option C

<u>Explanation:</u>

In the question above, only the profit margin of both the firms are given, but only on these basis, it cannot be decided which firm to be bought. A lot of other things are to be kept in mind while taking into consideration the decision of buying a fir.

Even if both the firms are working in the equilibrium condition which is the condition of MR = MC, then also it can not be decided, which one firm to buy.

4 0
3 years ago
In long-run equilibrium:
Sonja [21]

Answer:

I think the answer is C.

4 0
3 years ago
With practical illustrations discuss how managers can leverage on organizational behaviour component to maximize business succes
VARVARA [1.3K]

Answer:

Leadership, Communication and culture are the components of organization structure.

(Check Explanation for how they can be used to maximize business success).

Explanation:

So, organization behaviour is an aspect of Psychology and sociology that deals with the ways in which workers and employees behave are act in a specific company or business organization.

Just as it is stated above; Leadership, Communication, structure and culture are the components of organization structure and these components can be to maximize business success.

CULTURE: A company's culture can be use in maximizing business success through the way the workers in the company are expected (from their culture) to treat their customers. The culture is used in the assessment of PERSONALITIES that are needed to be recruited for the role in the organization for efficiency in the role so as to maximize success.

LEADERSHIP: the style of leadership adopted by each organization determines the way in which success can be maximized. Whether through the style in which the workers' s talent are being nurtured and ideas are collected from the employers or through the leadership style in which the leader dictates it all.

STRUCTURE: knowing the structure of an organization helps in maximizing success that is to say the workers know how management and authority operates which will aid in efficient success maximization.

3 0
3 years ago
How much money does Lupe now have in her checking account?
Likurg_2 [28]
75 I think not 100% but that makes Sense
5 0
4 years ago
Read 2 more answers
Other questions:
  • You buy a stock at $100 and sell it for $140;what is the percentage return if the margin requirement is 40 % and the interest ra
    10·1 answer
  • A covert operation is defined and in which the president has certified its importance to america's national security
    8·1 answer
  • Your firm is contemplating the purchase of a new $485,000 computer based order entry system. The system will depreciate straight
    13·1 answer
  • John is starting a sole proprietorship in which he will install home stereo systems. John decides to test a paid Google Ad so th
    13·1 answer
  • you are applying to a job after reading the listing on a job board website.The listing requests that applicants emails a copy of
    11·2 answers
  • Equilibrium is defined as:
    14·2 answers
  • What term is used to describe spread-out or low-density development beyond the edge of services and employment
    11·1 answer
  • C. If the marginal cost of a gallon of milk increases, how will the household respond?
    10·1 answer
  • Which problem is more likely to affect a partnership than a corporation?
    12·2 answers
  • Pleaseeee help The larger the investment you make, the easier it will be to:
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!