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Vadim26 [7]
3 years ago
9

Ethan's Eggroll House, a calendar year corporation, purchased a new computer and printer in January for $1,500. In February, the

business purchased a new oven for $1,200. No other assets were purchased during the year. How much depreciation will be taken on these items in the current year if the taxpayer does NOT elect to use Section 179 and does NOT use bonus depreciation?A. $300 computer; $171 ovenB. $525 computer; $300 ovenC. $375 computer; $300 ovenD. $300 computer; $240 ovenE. $525 computer; $420 ovenF. $214 computer; $171 oven
Business
1 answer:
eduard3 years ago
6 0

Answer: The answer is D $300 computer, $240 oven

Explanation:

According to IRS tables on the calculation of depreciation on computer and oven, it is estimated that an asset such as computer will have a depreciation useful life of 5 years

Therefore since computer cost and printer = $1,500, useful life = 5 year

Cost ÷ useful life

= 1,500 ÷ 5

= $300

For oven since the cost =$1,200, useful life = 5years

Cost ÷ useful life

= 1,200 ÷ 5

= $240

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luda_lava [24]

Answer:

Cost of Ending Inventory  $ 47,077.74

Units on Hand 31 Jan =  4,600

Weighted Average Cost= $ 10.24per unit

Explanation:

We divide the total cost with the total number of units  to get the weighted average cost per unit.

Sunland Company

                                       Units      Unit Cost       Total Cost      

Balance at January 1       9000          $9.70            $87300

Purchases: January 6      6000          10.35              62100

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Sales January 7               (7400 )

January 31                        (11300 )

Units on Hand 31 Jan =  4,600

Weighted Average Cost= Total Cost/ Total Units = 238,459/ 23,300 =

$ 10.235≅ $ 10.24

Cost of Ending Inventory = 4,600*$ 10.24= $ 47,077.74

8 0
3 years ago
Low-balling is a sales technique where the salesperson quotes a low price for a car to get you to make an offer, and negotiates
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True, and it is very sneaky.  Please mark Brainliest!!!
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3 years ago
The blue giant has a profit margin of 6.2 percent and a dividend payout ratio of 40 percent. The capital intensity is 1.08 and t
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First we calculate the return on equity(ROE) based on the Du-pont equation

ROE =  Net profit margin * Total asset turnover * equity multiplier

Total asset turnover = 1/capital intensity =1/1.08

Equity multiplier = 1+ debt to equity = 1+ 0.54 = 1.54

net profit margin = 6.2% = 0.062

ROE = 0.062*1/1.08*1.54 = 0.0884 = 8.84%

Sustainable growth rate = ROE*(1- dividend payout)

Sustainable growth rate = 0.0884*(1-0.4)

Sustainable growth rate= 0.053 = 5.3%

Sustainable growth rate = 5.30%

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3 years ago
An _______ is an activity to get you thinking about your project including your role, the challenge and objectives. Question 4 o
butalik [34]

Answer:

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An obstacle course helps your mind to focus on your project or activities and gets your thought process going.

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One of Christina’s colleagues works with her on developing a more standards-driven environment in her classroom. The two teacher
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The first thing Cristina should do to create a more standards-oriented environment in her classroom is to create positive relationships with her students.

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