The right answer for the question that is being asked and shown above is that: "47 percent." the federal government's income comes from individual income tax is that of <span>47 percent. This is the correct answer as far as the federal government's income is concerned.</span>
A is correct, sales tax is the same for everybody in a state, no matter the income. Hope this helps!
Answer:
So the depreciation in year 1 is $95,000
Explanation:
Depreciation is the accounting method that is used to allocate cost of an asset over its useful life. It is assumed that an asset losses values over a period and the salvage or terminal value is the value of the good after its useful life has ended.
Straight line method of depreciation assumes equal allocation of depreciation expense over the useful life of an asset.
In the given the asset value is $570,000 and the terminal value is $0
Using the formula
Depreciation= (Value of asset- Salvage value)/Number of useful years
Depreciation= (570,000-0)/6
Depreciation= $95,000 paid equally for 6 years
So the depreciation in year 1 is $95,000
<span>Often times in youth ministry I am prevented from doing the best at my job because there are policies in place or things that have just 'always been done that way' which are held priority over people. Having to completely adhere to these policies, rules and 'traditions' often prevent me from doing proper work and establishing 'no-strings-attached' relationships with youth to really make an impact in their lives.</span>
Answer:
$206000.
Explanation:
Given: Asset purchase value = 
Residual value after five years= 
Estimated useful life of asset= five years.
Now, we will calculate depreciation per year using straight line method.
Depreciation= 
⇒ Depreciation = 
∴ Depreciation expense per year = 
