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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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Igoryamba
Product bundling refers to: a complete package of related products.
Correct answer:C
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Nathan is a customer service agent for a small nutrition company. He was disabled in a car accident and relies on his wheelchair
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Answer:

EEOC - Equal Employment Opportunity Commission

Explanation:

EEOC protects employees with disabilities, Nathan would qualify for such protection due to the physical strain.

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The LIFO cost flow assumption results in the most (distant/recent) costs being transferred to cost of goods sold. In times of ri
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Answer:

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QUESTION 16
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E. CHARGES A HIGHER PRICE FOR ITS PRODUCT

Because of less substitution available and barriers to entry.

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4 years ago
Broker Harry leaves on vacation for three weeks and does not leave a key to the storage facility where he keeps his records. Why
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People do go on vacation. Why this result in disciplinary action is that DBPR needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.

<h3>What is a Florida DBPR license?</h3>

The Department of Business and Professional Regulation (DBPR) is known to be a regulatory agency responsible with the licensing and monitoring of businesses and professionals in the State of Florida.

Since Harry is away, DBPR may needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.

See full options below

DBPR needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.

The storage unit might catch fire and no-one would be able to rescue the documents.

FREC only gives 24 hours notice to inspect records and he would be fined if they could not gain access to them.

There is not a problem since his Admin Assistant is good at taking messages and would make an appointment for them to come back when he has returned.

Learn more about vacation from

brainly.com/question/24314569

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