Answer
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Step-by-step explanation:
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Answer:
$35,000
Explanation:
The Tax Cuts and Jobs Act increased the percentage of bonus depreciation for qualifying assets from 50% to 100% for those assets acquired and put into service between September 27, 2017 and January 1, 2023. If this asset qualifies for a bonus depreciation, then you can depreciate 100% during the first year. You can also use the bonus depreciation with a section 179 expensing in order to depreciate expensive assets, but the section 179 expensing comes first and then the bonus depreciation.
When we limit trade, our peace and prosperity will suffer and decrease.
<h3>What happens when trade is limited?</h3>
Trade is very important for the growth, peace, and prosperity of an economy. This is because imports give a nation more options for goods and services.
Exports then given a nation more income and better foreign exchange. This is why peace and prosperity increases when we engage in trade. Limiting trade would therefore have a negative effect on peace and prosperity.
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Answer:
d. $165,000
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
The computation is shown below:
Cash flow from Operating activities
Net income $150,000
Add: Decrease in accounts receivable $15,000 ($65,000 - $80,000)
Net Cash flow from Operating activities $165,000