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Ivan
3 years ago
14

Woodland Lake Manufacturing has a new project that requires $652,000 of equipment. What is the depreciation in Year 5 of this pr

oject if the equipment is classified as seven-year property for MACRS purposes? The MACRS allowance percentages are as follows, commencing with year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.
Business
1 answer:
kozerog [31]3 years ago
5 0

Answer: $58,223.6‬0

Explanation:

The Modified Accelerated Cost Recovery System (MACRS) is the depreciation method being used currently in the United States to depreciate assets for tax purposes. The asset is depreciated over a certain period of time depending on the Assets class.

The equipment in this scenario is a 7-year property and is subject to the rates listed. The fifth year depreciation therefore is;

= 652,000 * 8.93%

= $58,223.6‬0

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8 0
3 years ago
Imprudential, Inc., has an unfunded pension liability of $800 million that must be paid in 21 years. To assess the value of the
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Answer:

PV= $259.89 million

Explanation:

Giving the following information:

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<u>To calculate the present value, we need to use the following formula:</u>

PV= FV/(1+i)^n

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3 years ago
Suppose you have a health insurance policy with an annual premium of​ $4800, an annual deductible of​ $1000, and copayments of​
Sergeeva-Olga [200]

Answer:

Total cost for the year=$5,800

Explanation:

Finding the total cost of healthcare for a year, we can express this in the form;

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since there were no visits to the doctors office for that year, the co-payments that are to be made per visit=0

Annual premium cost=$4800

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replacing in the expression for total cost;

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3 0
3 years ago
19th century how successful were labor organizations in improving the working conditions for, and advancing the interests of ind
Alex Ar [27]

Answer:

19th century,labor organizations were not very  successful in improving the working conditions and advancing the interest of industrial workers in united states.

<u>Explanation:</u>

Workers formed union.These unions give them immense power.These unions have a leader selected from among the workers only.Leader act as a representative of whole union.These unions can bargain on behalf of all the workers for providing them better working conditions,more wages,bonus.

They used strikes to force the employers to increase wages and provide better working conditions.These unions worked hard to stop child labor,give health benefits and help those workers who  got injured .In 19th century trade unions were formed by skilled workers.

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Despite the efforts unions made less progress in this Era .

8 0
2 years ago
A merchandising company's sales budget indicates the following sales: January: $25,000; February: $30,000; March: $35,000. Sales
Svetradugi [14.3K]

Answer:

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So, the value would be equal to

= $15,000 + $9,000 + $1,800

= $25,800

3 0
2 years ago
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