Answer:
The cost recovery deduction for 2019 is $26666
Explanation:
Additional first-year depreciation = 40000*0.5
= $20000
MACRS cost recovery = (40000 - 20000)*0.3333
= $6666
Total cost recovery deduction for 2017 = Additional first-year depreciation + MACRS cost recovery
= $20000 + $6666
= $26666
Therefore, The cost recovery deduction for 2019 is $26666
Answer:
Explanation:
Base on the scenario been described in the question, if raj is sure that Mary will cooperate, then the possible outcomes of Raj's is $200 and $150 .
If Mary thinks that Raj will cheat and work independently, then Mary will also cheat and work independently because if cooperate and Raj cheats, then Mary will not have anything.
Answer:
2.23 is the price earnings ratio.
Explanation:
Firstly we must find the Earnings per share for this problem as it is needed to calculate the price earnings ratio so earnings per share = (Net income)/(Number of shares outstanding).
we are given net income of $401000 then to obtain number of shares outstanding for 2015 are $267000/$10 as we saw the company's common stock account balance all year long was that value of which each share has a par value of $10, then we get outstanding shares which are 26700 now we calculate the earnings per share (EPS) by using the above formula with substituting the above mentioned values :
Earnings Per Share= $401000/26700
= $15.01872659
now we will use the Price Earnings Ratio formula which is
Price Earnings Ratio = (current share price)/(earnings per share )
we have been given a current share price of $33.50 now we will use the earnings per share which was calculated above.
Price Earnings Ratio = $33.50/$15.01872659
= 2.230548628 then we round off the answer to two decimal places
Price Earnings Ratio = 2.23
I believe the answer is: Capitalism
In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.
Answer and Explanation:
The computation is shown below:
We use the formula that is given below:
Invested amount = $1,000,000 present value
Present value = 1 ÷ (1 + rate of interest)^number of years
a.
The amount invested is
= $1,000,000 ÷ (1.1104)^45
= $8,983.07
b,
The amount invested is
= $1,000,000 ÷ (1.0552)^45
= $89,111.71
