Answer:
Part A. $1200
Part B. $1200
Explanation:
Part A.
Under MACRS rules, the depreciation rate for the 5 year recovery period asset would be:
Year 1 20%
Year 2 32%
Year 3 19.2%
Year 4 11.52%
Year 5 11.52%
Year 6 5.76%
This means that the first year MACRS depreciation deduction would be 20% which is $1200 ($6000 * 20%).
Part B.
If Sid does not elect Section 179 expensing then the depreciation would be calculated using straight line basis.
The depreciation would be:
Depreciaiton Expense = $6000 / 5 Years life = $1200
Merck provides an example of what can happen if a company deviates from its : Core values
<h3>What are core values?</h3>
The core values of an organization are those values we hold, which form the foundation on which we perform work and conduct ourselves.
The core value of a company are those enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for.
Hence, Merck provides an example of what can happen if a company deviates from its core values.
Learn more about core values here : brainly.com/question/14595106
Answer:
$67,150
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $12,750
Adjustment made:
Add : Depreciation expense $32,600
Add: Decrease in accounts receivable $21,500
Less: Increase in inventory -$18,300
Add: Increase in accounts payable $19,800
Less: Decrease in interest payable -$1,200
Total of Adjustments $54,400
Net Cash flow from Operating activities $67,150
Answer:
$627
Explanation:
To find the answer, we use the present value of an annuity formula:
Where:
- P = Present value of the investment
- A = Value of the annuiry
- i = interest rate
- n = number of compounding periods
Now, we plug the amounts into the formula:
12,600 = A (20.09870355)
A = 12,600/20.09870355
A = 627
Thus, the value of the monthly payments is $627
Answer:
a. Merrick System
Explanation:
Merrick System does not provide for incentives based on standards that are expressed in terms of time period per unit of production