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
wariber [46]
3 years ago
6

Your company just bought a new distillation unit for $175,000 to be used for research and development. Such equipment has a 3-ye

ar MACRS classification. The MACRS percentages are 33.33 percent, 44.44 percent, 14.82 percent, and 7.41 percent, respectively. What is the book value of the distillation unit at the end of year 2?A) $12,968.00B) $38,902.50C) $49,833.50D) $77,770.00E) $116,673.50
Business
1 answer:
SVEN [57.7K]3 years ago
7 0

Answer:

B) $38,902.50

Explanation:

The MACRS percentages are

First year = 33.33 percent

Second year = 44.44 percent

Third year = 14.82 percent

Fourth year = 7.41 percent

First Year 33.33% = $175,000 * 33.33/100 = $116,672.50

Second Year 44.44% = $116,672.50 - ($175,000 * 44.44/100)

= $116,672.50 - $77,770.00 = $38,902.50

You might be interested in
Whoever answers gets brainlist!
Anika [276]

Answer:

false

Explanation:

S corporation form of business ownership is one type of corporation. It is a corporation whose shareholders have elected to become an S corporation. The formation of this form of business structure is not easy. First, a corporation is formed as per the requirements of the laws. Some requirements include drafting of articles and memorandum of association, appointing directors, and registering the corporation.  

The shareholder can then apply to be an S incorporation if they meet the requirement. Some of them are

1. Should not have more than  100 shareholders

2. Shareholders should be individual or some exempt entities.

3. Have one class of stock

7 0
4 years ago
An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical an
Nutka1998 [239]

An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical annual forward rate curve, the analyst can use the three-year and five-year spot rates.

Given the two-year forward rate two years from now, the next point on an annual forward rate curve is the two-year forward rate three years from now, 3y2y. This rate can be derived from the three-year and five-year spot rates as follows: (1 + S5)5 = (1 + S3)3(1 + 3y2y)2.

Job Analysts paint in the HR branch of companies or groups and study occupations and jobs to attention on category structures inside that field. The attention at enterprise and occupational developments in addition to employee relationships.

According to the U.S. Bureau of Labor Statistics, the median economic analyst revenue is around $85,000, however, this range may be deceptive due to the fact the common economic analyst revenue is nearer to $100,000 because of the acute boom in profits over time.

Learn more about analysts here: brainly.com/question/890849

#SPJ4

6 0
2 years ago
Enter mia profit/loss for the 2 month
Tems11 [23]
She profits more each month
8 0
3 years ago
Explain why to maximize profits a firm needs to produce an output at a level where marginal revenue
Orlov [11]

Answer:

Rest of question:

... equals marginal cost.

Firms will maximize profits at the point where marginal revenue equals marginal cost because producing after this point means that no profits will be made.

As long as the Marginal revenue exceeds marginal cost, there will be profits made because the company is making more than it is spending so they should keep producing. When it gets to a point in production where the marginal revenue equals marginal cost, the company should not produce further than that.

This is because, as earlier mentioned, any further production would result in the marginal cost being larger than the marginal revenue which means that a loss will be made. The company should therefore stop at the point where MR = MC so as not to let MC get larger than MR so that no losses will be made.

8 0
3 years ago
Pick the TRUE statement: A. Investors (stockholders) and potential investors are mainly interested in a company's liquidity rati
Usimov [2.4K]

Answer:B

Explanation:

5 0
4 years ago
Other questions:
  • A stock has an expected return of 14.3 percent, the risk-free rate is 3.9 percent, and the market risk premium is 7.8 percent. w
    12·2 answers
  • Corporation had 200,000 shares of common stock outstanding during the current year. There were also fully vested options for 10,
    6·1 answer
  • One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per
    6·2 answers
  • Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:
    14·1 answer
  • if you have $60,000 and spend $6,500 dollars on medical expenses are you eligible for tax deduction? and how much A) No she is n
    5·1 answer
  • Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. The equilibrium wage prior t
    10·1 answer
  • Which of these is not one of the basic functions of the management​ process?
    11·1 answer
  • You want to create a relational database for your company. Which application below would assist you in doing this?
    14·1 answer
  • When denying a claim, what approach should you not use? Check all that apply. "
    10·1 answer
  • Which of the following is the correct sequence of phases in a typical population growth curve? Select one: a. stable equilibrium
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!