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melisa1 [442]
3 years ago
13

A professional office center is purchased for $475,000. The land value is 20% of the total acquisition cost. What is the annual

IRS depreciation deduction? (Round answer to nearest dollar.)
Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

$9,744

Explanation:

In the case of the annual  IRS depreciation deduction, the time period for each category assets are different. Like for commercial real estate, the time period is 39 years, for residential real estate, it would be 27.5 years.

The computation is shown below:

= (Purchase value of professional office center × remaining percentage) ÷ (applicable time period)

= ($475,000 × 80%) ÷ (39 years)

= ($380,000) ÷ (39 years)

= $9,744

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Answer:

The correct answer would be option A, Medicare Taxes.

Explanation:

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5 0
3 years ago
Read 2 more answers
If total liabilities decreased by $15,000 and stockholders' equity increased by $10,000 during a period of time, then total asse
scoray [572]

Answer:

The total assets must change by B) $5,000 decrease

Explanation:

hi, remember that:

Assets=Liabilities+Equity

If liabilities decrease by $15,000 and equity increases by $10,000...

Assets=(Liabilities-15,000)+(Equity+10,000)

Assets=Liabilities+Equity-5,000

Therefore, to balance this equation, we have to substract -$5,000 from the assets, therefore, the assets decrease by 5,000, which is B)

Best of luck.

4 0
3 years ago
UPS, a delivery services company, has a beta of 1.4, and Wal-Mart has a beta of 0.9. The risk-free rate of interest is 4% and th
Elena-2011 [213]

Answer:

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Explanation:

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portfolio's expected return = risk free rate + (portfolio beta x market risk premium) = 4% + (1.15 x 6%) = 4% + 6.9% = 10.9%

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Option [D] is the correct answer.

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A manager is not the same thing as a leader. A leader prioritizes the development and well-being of your team members while a manager may be responsible for work delegation and timekeeping. The best managers are adept at performing both tasks and can effectively leverage each employee's abilities to create a successful company. Deborah Sweeney, vice president and general manager of business acquisitions at Deluxe Corp., asserts that effective managers accomplish this by utilizing their emotional intelligence and soft skills.

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8 0
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