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
STatiana [176]
3 years ago
14

A taxpayer sells a warehouse for a recognized gain. Depreciation had been properly claimed on the property based on the straight

-line method over a 39-year recovery period. Will the same amount of depreciation recapture result whether the taxpayer is an individual or a C corporation? Explain.
Business
1 answer:
Vikentia [17]3 years ago
5 0

Answer:

No, it will be different. There will not be any depreciation recapture for an individual taxpayer if the recognized profit is under $1250 with respect to the straight-line depreciation method and the service after 1986. However, a depreciation recapture will be treated from the recognized profit for a C corporation for sales that is approximately $1250 or more.

Explanation:

There will not be any depreciation recapture for an individual taxpayer if the recognized profit is under $1250 with respect to the straight-line depreciation method and the service after 1986. However, a depreciation recapture will be treated from the recognized profit for a C corporation for sales that is approximately $1250 or more.

You might be interested in
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she
amid [387]

Answer:

The correct answer is "she should work 16 hours per week at daycare center to earn $136.00"

Explanation:

Pham can earn at the college bookstore

$9 dollars per hour x 15 hours per week she can spend  

$9 x 15 = $135

At a café she can earn  

= $12 dollars per hour x 6 hours per week

=$12 x 6 = $72

At a garage she can earn

= $10 dollars per hour x 5 hours per week

= $10*5 = $50.

At a daycare center she can earn

= $8.50 dollars per hour x 16 hours per week

= $8.50*16 = $136.

If her goal is to maximize the amount of money she can make each week,

she should work 16 hours per week at daycare center to earn $136.00

6 0
3 years ago
Elijah and anastasia are husband and wife who have five married children and nine minor grandchildren. for 2015, what is the max
s344n2d4d5 [400]
To get the answer, you need to calculate this:
19 donees (5 married children + 5 spouses + 9 grandchildren) ×$14,000 (annual exclusion for 2016) × 2 donors (Elijah and Anastasia) = 19(14000) (2)
=19(28000)
=532,000
Through this, you will get the answer of $532,000
4 0
3 years ago
Read 2 more answers
According to the chart below, which sets of IQ scores fall in the bottom 50th percent of frequency?
lubasha [3.4K]
The green one
Because 65-69 is close to 50%
And the answer should be A
I
Think
Hope this helps
6 0
3 years ago
Read 2 more answers
A good example of a ______________ offense is selling alcoholic beverages to a minor
laila [671]
Minor criminal offense, specifically a strict liability offense. Strict liability refers to an offense made regardless of the the intent of action. In other words, even if you have no malicious intent, you are still liable for the offense. Another example is possession of drugs. 
4 0
3 years ago
In a __________ distribution center, merchandise moves from vendors' trucks to retailers' delivery trucks in a matter of hours.A
Paul [167]

Answer:

Cross docking

Explanation:

Cross-docking is a practice in logistics of unloading materials from an incoming semi-trailer truck or railroad car and loading these materials directly into outbound trucks, trailers, or rail cars, with little or no storage in between.

It  is also often used when handling time sensitive and perishable inventory. Due to the reduced shelf life, inventory needs to reach retailers with a reasonable remaining shelf life

3 0
3 years ago
Other questions:
  • Annual starting salaries for college graduates with degrees in business administration are generally expected to be between 3000
    14·1 answer
  • Henri, who runs a French restaurant, wants his diners to have an authentic culinary experience. Thus, he wants to recruit qualif
    15·1 answer
  • Real world question: There will be times where co-workers will be slack and not pull their weight on the team. How will you hand
    10·1 answer
  • Cutoff tests designed to detect valid sales that occurred before the end of the year but have been recorded in the subsequent ye
    14·1 answer
  • Classify the following topics as relating to microeconomics or microeconomics.
    13·1 answer
  • Adventure Holidays sells thousands of tour packages each month through its branches. A branch manager's salary would be a(n) ___
    5·2 answers
  • Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of
    5·1 answer
  • A company's corporate code of ethics is a document given to a newly hired employee on the first day of work. Usually he is asked
    13·1 answer
  • Why is that 0.8 in fractional form is 8/10​
    6·1 answer
  • The amount of profit you receive from your investments is usually measured as a percentage of your investment. which of the foll
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!