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3 years ago

Under MACRS, the salvage value ____ is

Business

1 answer:

tankabanditka [31]3 years ago

5 0

Answer:

C. Ignored

Explanation:

Marcs is a tax depreciation system that helps to determine the actual cost of an asset by depreciating it yearly. There are many aspects of this technique that allows recovering the cost basis of various assets. In MACRS salvage value is completely ignored. This technique allows the measurement of the cost of an asset by completely ignoring the salvage value.

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One reason people do not get enough to eat in a country is because:

Assoli18 [71]

Answer:

Explanation:

One reason people do not get enough to eat in a country is because some crops are grown for export, leaving little to consume internally.

The amount of money made by expoting this crops is more beneficial to the economy and to the farmers that they prefer to export than to sell locally.This akes the crops scare in the country and equally very expensive.

7 0

3 years ago

Today is your 21st birthday and you just decided to start saving money so you can retire early. Thus, you are going to save $500

inna [77]

Answer: Option E -- 54.39years old

Explanation:

Compound interest is calculated using compound interest formula. Using compound interest formula, which is A = P(1+(r/n)) ^nt

Where A= Final Amount

P = Initial Principal Amount

r = Interest Rate

n = number of times interest applied per time period

t = number of times period elapsed

You/I would be 54.39years old when you/I retired. Which is Option E

3 0

3 years ago

Oriole Company has the following transactions related to notes receivable during the last 2 months of the year. The company does

NikAS [45]

Answer:

See explanation

Explanation:

Nov. 1 Notes receivable - C. Bohr Debit $52,200

Cash Credit $52,200

To record the loan provided to C. Bohr issuing a 7%, 12-month note.

Dec. 11 Notes receivable - K. R. Pine Debit $1,800

Sales revenue Credit $1,800

To record the sales revenue by issuing a 8%, 90-day note.

Dec. 16 Notes receivable - A. Murdock Debit $4,800

Accounts receivable - A. Murdock Credit $4,800

To record the settlement of an open account by issuing a 180-day, 10% note.

Dec. 31 Interest Receivable Debit $681 (Note - 1)

Interest Revenue Credit $681

To record the interest revenue accrued on December 31.

Calculation:

November 1 Interest from C. Bohr = $52,200 × 7% × (2÷12) = $609

December 11 Interest from K. R. Pine = $1,800 × 8% × (20÷90) = $32

December 16 Interest from A. Murdock = $4,800 × 10% × (15 ÷ 180) = $40

Total Interest = $681

5 0

3 years ago

A rectangular garden of area 300 square feet is to be surrounded on three sides by a brick wall costing $ 10 per foot and on one

Alexxandr [17]

Answer:

15 and 20 feet

Explanation:

The computation of the cost of the material minimized is shown below:

As we know that

Area of rectangle = Length × Width

where,

Length be X

Width be Y

So, the equation is

X × Y = 300 square feet

X = 300 ÷ Y

Now the another equation is

C = 10 × (Y + Y + X) + 5X

C = 20Y + 15X

So we can write

C = 20Y + 15 × 300 ÷ Y

C = 20Y + 4,500 ÷ Y

Now apply the derivatives

So,

DC ÷ DY = 20 - 4,500 ÷ Y^2 = 0

20Y^2 = 4,500

Y = 15

So X = 20

The C = Cost

8 0

3 years ago

An application for health insurance includes all of the following information, except:

klio [65]

Answer:

Answer is option D, i.e. A statement that the benefits in the illustration are guaranteed.

Explanation:

The application of health insurance includes the name of the person insured, the page number that shows its relationship to the total number of pages in the illustration and the page number. However, during the time of the application process, the statement whether the benefits in the illustrations are guaranteed or not is not mentioned in the application form.

3 0

3 years ago