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
elena-14-01-66 [18.8K]
3 years ago
10

Steve Corp bought a $600,000 apartment building in June of 2014. Of the purchase price, $104,950 is allocated to the value of th

e land. What is the maximum amount of depreciation that the company can claim in 2015 (year 2) for the building?
Business
1 answer:
blsea [12.9K]3 years ago
7 0

Answer:

$18,000

Explanation:

According to the Internal revenue service, the useful life of the rental property would be 27.50 years.

The computation of the maximum amount of depreciation is shown below:

= (Purchase cost of building - allocated value of land - salvage value) ÷ useful life

= ($600,000 - $104,950 - $0) ÷ 27.50 years

= $495,050 ÷ 27.50 years

= $18,000

You might be interested in
Match each important word with the phrase that best defines it.
Artyom0805 [142]

report the other answers it’s a virus
5 0
3 years ago
Who would be hurt if the united states placed a high tariff on sugar imported from brazil?
OverLord2011 [107]

Answer:the poor areas

Explanation:

hope this helps

6 0
2 years ago
Compare the major antitrust acts of the United States. Specify the intent and purpose of each, and draw conclusions about their
NeX [460]

The major antitrust acts of the United States include:

  • Sherman Act of 1890
  • Clayton Act of 1914:
  • Federal Trade Commission Act of 1914

Antitrust law refers to the collection of governmental laws that help in the regulation of businesses in order to prevent monopoly and improve competition.

The major antitrust acts include:

  • Sherman Act of 1890: Every form of contract or conspiracy regarding trade restraint was outlawed.

  • Clayton Act of 1914: It was passed by  Congress in 1914. Unethical business practices were outlawed. Monopolies and price-fixing were banned.

  • Federal Trade Commission Act of 1914: It was put into law by President Wilson in order to prevent the unfair method of competition and illegal acts that disrupts commerce.

Read related link on:

brainly.com/question/13457426

6 0
3 years ago
Melanie works for a small computer software company. Her boss is constantly improving its products but neglecting customers, bil
Anon25 [30]

Answer: production-oriented

Explanation:

production-oriented marketing is a marketing strategy in which the company only focuses on producing quality product without considering customer's need. Such strategy makes them believe that customers will come for their product once they can produce the best quality, so they produce as many quality units as possible, such a company is termed to be production oriented.

3 0
3 years ago
The value of marginal product of labor equals​ _______. A. the marginal product of labor divided by the price of a unit of outpu
kifflom [539]

Answer:

D. the price of a unit of output multiplied by the marginal product of labor

Explanation:

The formula to compute the value of the marginal product of labor is shown below:

= Price of a unit of product  × marginal product of labor

= value of marginal product of labor

To find out the value of the marginal product of labor, we simply multiply the unit price of a product with the marginal product of labor so that true value can come.

Hence, all other options are wrong except D.

5 0
3 years ago
Other questions:
  • An economic contraction caused by a shift in aggregate demand causes prices to a. rise in the short run, and rise even more in t
    8·1 answer
  • What would cause an increase in the equilibrium price of a good?
    7·1 answer
  • Which of the following gives an example of a consensus?
    15·2 answers
  • Which of the following is a reason that we have various types of payment options?
    14·1 answer
  • During 2012, Robby's Camera Shop had sales revenue of $170,000, of which $75,000 was on credit. At the start of 2012, Accounts R
    15·1 answer
  • This appraisal approach estimates the value of the present worth of the future rights to the income the property generates by co
    14·1 answer
  • When we watch a production of Hamlet, we know that the actors playing Gertrude and Hamlet will not actually die after being pois
    5·1 answer
  • List of products where manufacturer and Marketer are different.​
    15·2 answers
  • Katrina needs to use her communication and conflict management skills every day with her team. What stage of development is her
    7·1 answer
  • A president who pursues foreign policy strategies that focus on promoting military defense and homeland security and perceives i
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!