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2 years ago

Race is best defined as _____.

Business

1 answer:

nirvana33 [79]2 years ago

7 0

A socially constructed category made up of people who share biologically transmitted traits

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A/An _______ is prepared by studding an onion with a few whole cloves and a bay leaf.

tresset_1 [31]

Answer:

Oignon piqué

Explanation:

Oignon pique is a French culinary term. It is done by puncturing the whole and peeled onion with a bay leaf using a whole clove as a tack.

7 0

2 years ago

Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed de

Ne4ueva [31]

Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages- the cash flow from disposal is $46720

Explanation:

Given that the four-year sale is at $50,000.

we know that the book value of the machine must be established in order to determine if a gain or loss has been incurred at disposal.

The depreciation schedule for the $70,000 machine is: given as

Year 1: $70,000 × 0.2000 = $14,000

Year 2: $70,000 × 0.3200 = $22,400

Accumulated Depreciation = $14,000 + $22,400 = $36,400

Book Value of machine = $70,000 - $36,400 = $33,600

Gain on disposal is $50,000 - $33,600 = $16,400

Tax on Gain = Gain on disposal × Tax rate = $16,400 &

times; 0.20 = 20% of $16,400=20/100*16400=3,280

After-Tax Cash Flow at disposal = $50,000 - $3,280 = $46,720

8 0

2 years ago

The unrecognized net gain or loss balance must be amortized when it exceeds 10% of the larger of the: beginning accumulated bene

Schach [20]

Answer:

beginning projected benefit obligation or the market-related asset value

Explanation:

The balance of the Unrecognized Net Gain or Loss account subject to amortization only if it exceeds 10% of the larger of the beginning balances of the projected benefit obligation or the market-related value of the plan assets.

Amortization is simply the procedure or the process of retiring a debt or recovering a capital investment. This can be done via scheduled, systematic repayment of the principal or a program of periodic contributions to a sinking fund or debt retirement fund.

4 0

2 years ago

Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value.

Artyom0805 [142]

Answer:

B. $497,000

Explanation:

Consolidated Balance of Equipment

Excess value at the acquisition $110,000

($350,000-$240000)

Book value as on Dec 31 2018 of Ford $170,000

Book value as on Dec 31 2018 of Regent $250,000

Less: excess depreciation -$33,000 ($110,000/10*3)

Consolidated balance of equipment $497,000

3 0

3 years ago

Machinery purchased for $150,000 by Tom Brady Co. in 2010 was originally estimated to have a life of 12 years with a salvage val

Phoenix [80]

Answer:

$7,312.50

Explanation:

The computation of the depreciation expense for 2017 is shown below:

Book Value is

= Cost - Accumulated Depreciation

= $150,000 - {[($150,000 - $24,000) ÷ 12 ] × 7y}

= $150,000 - [($126,000 ÷ 12 ) × 7]

= $150,000 - ($10,500 × 7)

= $150,000 - $73,500

= $76,500

Now the depreciation expense for 2017 :

= ($76,500 - $18,000) ÷ (15 - 7) years

= $58,500 ÷ 8 years

= $7,312.50

5 0

2 years ago