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s344n2d4d5 [400]
3 years ago
5

Prithi acquired and placed in service $190,000 of equipment on August 1, 2015, for use in her sole proprietorship. The equipment

is 5-year recovery property. No other acquisitions are made during the year. Prithi elects to expense the maximum amount under Sec. 179. Prithi's total deductions for the year (including Sec. 179 and depreciation) area.) $25,000b.) $63,000c.) $58,000d.) $38,000
Business
1 answer:
il63 [147K]3 years ago
4 0

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

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mote1985 [20]

Answer:

Increase price.

Explanation:

Price elasticity is the degree of responsiveness of quantity demanded to changes in price. Ideally as price increases quantity demanded reduces. When prices reduce quantity demanded increases.

As a new manager of Rock Record company, if the economics consultants inform you the price elasticity is less than one it means quantity does not change with increase in price.

So price can be increased without a corresponding decrease in price. The goal of higher revenue can be achieved by increasing the product price.

6 0
3 years ago
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How have newspapers responded to their current financial situation?
iragen [17]

Answer:

The U.S. newspaper industry is suffering through what could be its worst financial crisis since the  Great Depression. Advertising revenues have plummeted due in part to the severe economic  downturn, while readership habits have changed as consumers turn to the Internet for free news  and information. Some major newspaper chains are burdened by heavy debt loads. Between 2008  and early 2010, eight major newspaper chains declared bankruptcy, several big city papers shut  down, and many laid off reporters and editors, imposed pay reductions, cut the size of the  physical newspaper, or turned to Web-only publication.

Explanation:

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3 years ago
Name two criminal justice careers that require a similar skill set and explain how this skill set aids in job performance
AlexFokin [52]
Detectives And Polices.
6 0
4 years ago
based on the information provided, what amount will be included as investment in saturn corporation in the consolidated balance
Nikolay [14]

based on the information provided, $60,000 amount will be included as investment in saturn corporation in the consolidated balance sheet immediately following the acquisition.

The Saturn Corporation, often known as Saturn LLC, was a General Motors subsidiary that began operations as an American automaker on January 7, 1985.  In the beginning, the company was GM's attempt to directly compete with Japanese imports and transplants in the US compact car market. The company advertised itself as "a different kind of automotive company,"and it operated essentially autonomously from its parent company. introducing a new car, dealer network, pricing strategy, workforce, and independently run manufacturing facility in Spring Hill, Tennessee, in its entirety . Five years after the company's founding, the first automobiles themselves were launched, and they improved GM's spaceframe design while also demonstrating Saturn's value offer thanks to its dent-resistant polymer outer panels.

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4 0
1 year ago
After a listing has expired, the original listing broker may be paid a commission under the terms of the holdover clause in the
Masteriza [31]

Option 4 , All the above

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After a listing has expired, the original listing broker may be paid a commission under the terms of the holdover clause in the original contract if :

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- the broker was the procuring cause for the purchaser

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