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bonufazy [111]
3 years ago
15

An acre lot was purchased for $100,000. A $500,000 office building was erected. The building is placed in service in May. Find t

he MACRS depreciation charge for year 1.
A. $8,025
B. $4,8615
C. $9,630
D. $12,820
Business
1 answer:
kolezko [41]3 years ago
5 0

Answer: $8025

Explanation:

From the information given, first and foremost, we need to realise that only the building in this case will be depreciated due to the fact that land is considered to be a non depreciable asset.

Therefore, the MACRS depreciation charge for year 1 will then be:

= MACRS rate × Value of Building

= 1.605% × $500,000

= 0.01605 × $500,000

= $8025

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The faster growing economy would be the one that saw a greater increase in Real GDP than the other.

Real GDP growth = Nominal GDP growth - Inflation growth.

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Hyperpolis Real GDP growth = 3%

Superpolis Real GDP growth = 6% - 3%

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Explanation:

given data

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total sales are the internal failure costs

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internal failture cost  = correcting error in form   ...........1

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and

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internal failture cost to sale = \frac{60000}{3000000}

internal failture cost to sale = 2%

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3 0
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Using 2010 U.S. dollars, in 2000 annual real per capita gross domestic product (GDP) in the United States was around ________, w
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