Answer:
$1 million
Explanation:
Section 179 deduction of the IRS code was enacted to help small business owners take depreciation deductions for certain assets ( capital expenditure I.e. the money spent on acquiring and maintaining fixed assets such as buildings and equipments ) in one year rather than continuous depreciation over a long period of time.
The new law increased the maximum deduction from $500,000 to $1 million.
For example: lets say you buy a computer for your office, under section 179 you can deduct the full cost of your computer in one year. This a very okay because the life span of your computer is short
Answer:
The following are those which helps in playing a key role in helping organizations to achieve their goals:
O. Computers can be used by people at all levels of an organization.
O. Workers use information systems to produce and manipulate information.
O. Managers depend on information systems to supply data that is essential for long-term planning and short-term tactical planning.
O. A decision system helps workers and managers make non-routine decisions by constructing decision models that include data collected from internal and external sources.
O. A(n) engine evaluates the facts and rules to produce answers to questions posed to the system.
O. Using a technique called logic, these systems can deal with imprecise data and problems that have more than one solution.
Explanation:
Answer:
d) All of above
Explanation:
A partnership agreement provides guidelines on how two or more partners will manage their partnership business. It is the contract that dictates each partner's roles, profit and loss sharing formula, and personal liability of each in case of insolvency.
In the absence of a partnership agreement, the law prescribes that partners share profits and losses equally. All partners assume equal rights to responsibilities and liabilities.
Answer:
The firm's output prices will increase, because will the firm can quickly adjusts the prices of goods to the new price level of 110, it will not have to do so with wages, since wages are fixed by a year contract.
This will result in comparatively lower labor costs with higher prices at the same time, which will likely result in more economic and accounting profit for the firm.
The opposite effect will be felt by workers, whose wage is not keeping up with inflation, meaning that their income is losing purchasing power.
Venture capital. It’s where capitalism comes in homie
