1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ilia_Sergeevich [38]
3 years ago
10

You invest in a project that has a depreciable asset. The asset is depreciable under the 5year MACRS category. The depreciation

percentages for all six years are: 0.20, 0.32, 0.192, 0.115, 0.115, 0.058. On an asset worth $150,000. How much depreciation do you get to claim in year 3?a. $14, 375 b. $30,000 c. $28, 800 d. $7, 250
Business
1 answer:
hodyreva [135]3 years ago
8 0

Answer:

c.$28,800

Explanation:

Depreciation of the asset is calculated using the following formula:

Depreciation=Cost of Asset*Depreciation percentage for specific year

Keeping in mind the above formula, depreciation can be calculated as follow:

Cost of Asset=$150,000

Depreciation for year 1=150,000*0.20=$30,000

Depreciation for year 2=150,000*0.32=$48,000

Depreciation for year 3=150,000*0.192=$28,800

Therefore, the answer is c.$28,800

You might be interested in
Shelia was abducted from a school football field, taken to a bank, and forced to withdraw money from an atm machine. afterward,
Law Incorporation [45]
The correct answer is
A. Football Field

The reason for this is because the football field is the place where she was abducted. Although other crimes were committed the beginning of the crime starts with her abduction.
4 0
3 years ago
I WOULD LOOOOVE IF SOMEONE COULD ANSWER THIS RIGHT AS SOON AS THEY CAN !!!!!!The taxpayer identification number for partnerships
xz_007 [3.2K]

Answer:

EIN; employer idenification number.

Explanation:

hope this helps :)

5 0
3 years ago
Read 2 more answers
Examples of company-wide applications, called legacy applications, include order processing systems, payroll systems, and compan
arlik [135]

The given statement "Examples of company-wide applications, called legacy applications, include order processing systems, payroll systems, and company communications networks" is False.

<h3>What is an enterprise application?</h3>
  • A big software system platform known as an enterprise application (EA) is intended to run in a corporate setting, such as a business or government. EAs are mission-critical, complicated, scalable, distributed, and based on components.
  • For instance, Salesforce is a platform for customer relationship management that links teams in sales, marketing, commerce, and customer service.
  • Microsoft Office 365 is a productivity cloud that includes Word and Excel as well as additional programs for device management, security, and other things.

Learn more about the enterprise application with the help of the given link:

brainly.com/question/15700448

#SPJ4

6 0
2 years ago
if an item of clothing costs a manufacturer R60 to make,how much profit was made per item if 10 items were sold for R1200​
postnew [5]

Answer:

600

Explanation:

60×10=600 (this is the cost)

1200-600=600

3 0
2 years ago
Splish Corporation has retained earnings of $721,100 at January 1, 2020. Net income during 2020 was $1,562,700, and cash dividen
Vitek1552 [10]

Answer and Explanation:

The preparation of the retained earnings statement is presented below:

Opening retained earning balance $721,100

Add: prior period adjustment $86,370

Add: net income $1,562,700

Less: dividend paid $79,000

Ending retained earnings $2,291,170

The above items would be added and deducted that increase and decrease the retained earnings balance

4 0
3 years ago
Other questions:
  • Language that outlines acceptable and unacceptable use of it resources and defines sanctions to be applied if a violation occurs
    8·1 answer
  • Deposit insurance is: private insurance by depositors to guarantee against a bank run that would affect deposits. government ins
    11·1 answer
  • Research indicates that 25 percent of U.S. salespeople engaged in __________ selling consider it unethical to explicitly ask cus
    14·1 answer
  • The development costs were incurred after technological and commercial feasibility was established and after the future economic
    12·1 answer
  • Some people are in favor of reducing Federal taxes to increase consumer spending others are against it. Two person are selected
    7·1 answer
  • J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following
    11·1 answer
  • The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coa
    5·1 answer
  • Farm products which are perishable and seasonal nature are supplied by
    9·1 answer
  • Convenience goods like Coke are available almost everywhere in the United States. Thus, Coke uses ______ distribution:
    11·1 answer
  • Money that your employer holds from your paycheck in order to pay the government taxes is called ___________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!