Answer:
Annual depreciation= $189,600
Explanation:
Giving the following information:
On January 1, 2017, anodel, Inc. acquired a machine for 1,010,000. the estimated useful life of the asset is five years. residual value at the end of five years is estimated to be 62000.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,010,000 - 62,000)/5= $189,600
Answer:
Option (b) is correct.
Explanation:
Sale of share = NQOs received × No. of shares × Selling price per share
= 10 × 8 × $22
= $1,760
Gain realised:
= Sale of share - Basis
= $1,760 - [NQOs received × No. of shares × Selling price per share at $15]
= $1,760 - [10 × 8 × $15]
= $1,760 - $1,200
= $560
Tax paid = Gain realised × preferential rate
= $560 × 15%
= $84
Answer:
The Natural Foods Shop and The Bakery
Explanation:
These two stores sell like goods (food) while the sporting goods doesn't sell food
Maybe you should start working on them now because if you don’t then it’s going to be on you. And you’ll have to redo whatever the class
