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BartSMP [9]
3 years ago
12

Chahana acquired and placed in service $1,185,000 of equipment on August 1, 2019 for use in her sole proprietorship. The equipme

nt is 5-year recovery property. No other acquisitions are made during the year. Chahana elects to expense the maximum amount under Sec. 179, and bonus depreciation is not applied. Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are:___________.
A) $1,020,000.
B) $237,000.
C) $1.185,000.
D) $1,053,000
Business
1 answer:
algol [13]3 years ago
7 0

Answer:

D) $1,053,000

Explanation:

Calculation to determine what Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are

Sec 179 immediate expensing $1,020,000

MACRS depreciation:

Add Basis for depreciation $33,000

[($1,185,000 - $1,020,000 Sec. 179) × .20]

Total depreciation $1,053,000

($1,020,000+$33,000)

Therefore Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are:$1,053,000

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The common stock of Alpha Manufacturers has a beta of 1.14 and an actual expected return of 15.26 percent. The risk-free rate of
Gre4nikov [31]

Answer: d. The actual expected stock return indicates the stock is currently underpriced.

Explanation:

According to CAPM, the expected return is:

= Risk free rate + beta * (market return - risk free rate)

= 4.3% + 1.14 * (12.01% - 4.3%)

= 13.09%

The actual expected return is greater than the CAPM expected return.

This stock is underpriced because it is bringing in a higher return than CAPM predicted based on the market.

8 0
3 years ago
For a 12-person team, how many additional employees will need to be hired to meet the labor hours needed without overtime
Snowcat [4.5K]

The additional number of employees needed is 3.

Total labor hours required per week = 600

Available regular hour per person per week = 40

For  12-person team, the total available regular hour = 40*12 = 480 per week.

Additional regular hours required to fulfill the requirement = 600 - 480 = 120 hours per week.

Additional number of employees needed = Additional regular hours required / Regular hour per person per week

Additional number of employees needed = 120/40

Additional number of employees needed = 3

The missing word is <em>"amazon Labor Information -Regular Rate $15.00/hr -Overtime Rate $22.50/hr -Targeted Labor Cost $9,000/wk -Labor Hours Needed 600/wk -Any hour worked over 40 hrs/wk must be paid overtime rate For a 12-person team, how many additic 3 3 15 50 120 750</em>"

See similar solution here

<em>brainly.com/question/11776482</em>

7 0
3 years ago
Junior Snacks reports the following information from its sales budget:
Nady [450]

Answer:

A. $146,200

Explanation:

Collection from October sales (60% of October sales) [14300 x 60%]$ 85,800.00

Collection from November sales (40% of November sales) [151000 x 40%] $

60,400.00

Total collection in November $ 146,200.00

Therefore The total amount of cash expected to be received from customers in November is: $ 146,200.00

3 0
3 years ago
Read 2 more answers
Ellen used a coupon at a restaurant for a certain percent discount of the meal. What percent discount did she receive?
Furkat [3]

Answer:

The question is not clear, but it is assumed that the discount is a rate previously established on the coupon. This can be 10%, 15%, 20%, 25%, etc. For this reason no calculations are made to determine the relationship between what is requested in the question and what Ellen could actually receive as a benefit.

8 0
3 years ago
The bank loan of $2,000,000 requires Irkalla to maintain certain financial ratios but Irkalla has not been able to do so and is
aalyn [17]

Answer:

Current liabilities at December 31, 2014 for Irkalla;

$200,000 + $100,000 + $2,000,000 + $1,000,000 = $3,300,000.  

Method of reasoning: Accounts payable-exchange and Short-term borrowings consistently fall under "Current Liabilities". Development for Other bank advance has not explicitly given (for example develops June 30, 20 × 5), so we accept it to develop on June 30, 2015. Since development is expected inside 1 year, it additionally falls under current risk as term is just a single year. On the bank credit of $2,000,000, Irkella has damaged the terms, so now this advance is likewise required to be paid off soon and thus it additionally now goes under "Current Liabilities"

8 0
4 years ago
Read 2 more answers
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