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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.

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In the boston consulting group growth-share matrix, each of the four categories in the matrix represents ______.
Mandarinka [93]

In the Boston Consulting Group growth-share matrix, each of the four categories in the matrix represents a different investment strategy

More about growth-share matrix:

The growth share matrix was developed through teamwork. It was initially drafted by BCG's Alan Zakon, who would later go on to become the company's CEO, and then improved with his colleagues.

Bruce Henderson, the creator of BCG, popularised the idea in his 1970 essay The Product Portfolio. About half of all Fortune 500 businesses employed the growth share matrix when it was at its most successful.

It continues to be a key component of corporate strategy lessons taught in business schools today.

Learn more about growth-share here:

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5 0
2 years ago
Frank works at a wealth management company and has been tasked with developing a system for aggregating client accounts into a s
Artyom0805 [142]

Answer: Demonstration

Explanation:

informational presentation typically occurs in organizations and it's when information are being presented to the audience.

Since Frank will walks a focus group through the steps that are involved in setting up and using the platform, then the type of informative presentation that Frank is giving is demonstration.

4 0
3 years ago
If a schedule c taxpayer does not bring the tax professional documentation to prove income
nekit [7.7K]
If a schedule c taxpayer does not bring the documents to prove the income, one cannot claim the Earned Income Tax Credit. Also the return cannot be prepared by the tax professional however one can make a form 1099 MISC to indicate their own income and lastly they should give other proofs that the income is accurate so that the paper for return can have the sign needed.
Download docx
4 0
4 years ago
Determine whether each of the following topics would more likely be studied in microeconomics or microeconomics.
Jlenok [28]

Answer:

<u>The effect of government regulation on a monopolist's production decisions</u>

Explanation:

The effect of a large government budget deficit on the economy's price level

The superavit or deficit of the government is a macroeconomics subject.

The money market is also macroeconomics.

The impact of regulation or specifit taxes or tax extemption on a monopolist's production will be part of microecnomics, because it will impact on which level the monopolist's production finds equilibrium after the legislation.

4 0
4 years ago
QS 23-11 Sell or process further LO A1 A company has already incurred $5,200 of costs in producing 6,100 units of Product XY. Pr
andrew-mc [135]

Answer:

It is more profitable to sell te products as-is.

Explanation:

Giving the following information:

Sell as-is:

Selling price= $31

Continue processing:

Selling price= $35

Unitary incremental cost= $8

Units= 6,100

<u>The firsts $5,200 is a sunk cost, this means that the cost will remain the same in both options. It is irrelevant to the decision-making process.</u>

Sell as-is:

Effect on income= 6,100*31= $189,100

Continue processing:

Effect on income= 6,100*(35-8)= $164,700

It is more profitable to sell te products as-is.

5 0
4 years ago
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