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Kaylis [27]
4 years ago
10

On February 2, 2019, Alexandra purchases a personal computer. The computer cost $1,800. Alexandra uses the computer 85 percent o

f the time in her accounting business, and the remaining 15 percent of the time for various personal uses. Calculate Alexandra's maximum depreciation deduction for 2019 for the computer, assuming half-year convention and she does not use bonus depreciation or make the election to expense.
Business
1 answer:
goldenfox [79]4 years ago
3 0

Answer:

$306

Explanation:

In order to calculate Alexandra's maximum depreciation without any election to expense or any bonus depreciation, we must calculate the depreciation expense per year:

$1,800 x 20% (accelerated depreciation assuming half year convention for personal property) = $360

now we must multiply by 85% (time she uses the computer for her accounting practice) = $360 x 85% = $306

When we assume half year convention, we are only depreciating the asset by half year regardless of when the asset was purchased. In this case, the MACRS table gives us the following values:

5 years half year convention:

Year 1 = 20%

Year 2 = 32%

Year 3 = 19.20%

Year 4 = 11.52%

Year 5 = 11.52%

Year 6 = 5.76%   the remaining half year

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I would say D.
  
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website

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3 years ago
Determine the market potential for a product that has 20 million prospective buyers who purchase an average of 2 per year and pr
Gnoma [55]

4,000,000 units should be sold a company

<u>Explanation:</u>

<u>Calculating the sales in units:</u>

It has been given that the toal market demand is $20 million, average quantity purchased by buyer per year is 2 units, price average is $50, and the desired share of the market is 10%.

Q=n * q * p

Where:

Q = Total market demand,

N = number of buyers in the market, q = average quantity purchased by the buyer per year,

P = price of average unit

$\mathrm{Q}=20,000,000$ buyers $* 2$ per unit per buyer $* \$ 50$ per unit

= $2,000,000,000

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= 4,000,000 units

Hence, the company should sell 4 million units to achieve 10 percent market share.

6 0
3 years ago
assuming the hiking shoes division of the all about shoes corporation had the following results last year managements target rat
Nutka1998 [239]

Answer:

116.67%

Explanation:

Note: <em>Complete question is attached as picture below</em>

<em />

Capital Turnover = Sales / Total Assets

Capital Turnover = $7,000,000 / $1,500,000

Capital Turnover = 4.67

Sales Margin = Operating Income / Sales

Sales Margin = $1,750,000/$7,000,000

Sales Margin = 0.25

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8 0
3 years ago
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-Dominant- [34]

Answer:

True

Explanation:

EEOC Laws are Equal Employment Opportunity Laws

It basically aims to provide equal rights to each and every employee, irrespective of the language used by them, their place of birth, and many other factors like that.

It provides for special notices for employees with severe disability, as that the notice should be presented and accessible to employees with visual disability, or any other disability.

Therefore, it requires and mandates the responsibility for all employers towards their employees, towards communicating their rights.

Thus, statement is True.

4 0
3 years ago
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