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ArbitrLikvidat [17]
3 years ago
13

Cora purchased a hotel building on May 17,.2018, for $3,000,000. Determine the cost recovery deduction for 2019.

Business
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer:

d. $76,920

Explanation:

Calculation to Determine the cost recovery deduction for 2019

Based on the information given we were told that they purchased a hotel building on May 2018 for the amount of $3,000,000 which means that to calculate the cost recovery deduction for 2019 we would be using 2.563 to multiply the cost of purchasing the hotel reason been that hotel building is a non residential property.

Hence,

Cost recovery deduction=2.563* $3,000,000

Cost recovery deduction=$76,920

Therefore the Cost recovery deduction will be $76,920

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The average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents. Water
UkoKoshka [18]

Answer: A. It has a competitive advantage in the industry

Explanation:

From the question, we are informed that the average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents and that Water Inc. manufactures the same product for 0.10 cents while its average price is 0.40 cents.

The scenario shows that Water Inc has a competitive advantage in the industry. This is seen as the bottle of water is produced at a cheaper cost wen compared to its rivals.

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3 years ago
For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then th
professor190 [17]

Answer:

aggregate demand curve; right

Explanation:

Inflation can be regarded as

when the level of price of goods/service increases for consumer to buy, it can be measured as a result of change in price. There are four types of level of inflation which are creeping, walking as well as galloping, and hyperinflation, which are measured base on speed. It should be noted that For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then the aggregate demand curve shift right

4 0
3 years ago
The burial of porky logan is considered the turning point of randy’s character, if not the novel as a whole. why might this be t
svetlana [45]
<span>Logan's burial might be considered a turning point in the novel because it is the point at which the democratic process and reasoning are completely abandoned for the attitude that force matters more than good intentions do.

Porky's burial is the first time that Randy actually has to force people to do the right thing. Porky's body is a menace.... it could cause an epidemic that could affect everyone, and no one wanted to be a part of it.... but Randy got it done, and he had to pull his pistol to do it.

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5 0
3 years ago
Han Products manufactures 25,000 units of part S-6 each year for use on its production line. At this level of activity, the cost
umka2103 [35]

Answer:

$25,000

Explanation:

The computation of the financial advantage or disadvantage of accepting the outside supplier’s offer is shown below:

But before that first we have to compute the relevant cost for 25,000 units which is given below:

= (Direct material per unit + Direct labor per unit + Variable manufacturing overhead per unit × number of units manufactured) + (Fixed manufacturing overhead ×  number of units manufactured × remaining portion applied)

= ($3.9 + $8 + $2.10) × 25,000 units + ($6 × 25,000 units × 1 ÷3)

= $400,000

Now  

Financial Advantage (disadvantage) of accepting the outside offer is

= (Relevant cost at 25,000 units - per part price × number of units manufactured) + (Annual rental amount)

= ($400,000 - $18 × 25,000 units) + $75,000

= $25,000

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4 0
3 years ago
Which of the following are the best definitions of the decision variables? – finish time of activity , for – time to be crashed,
Bingel [31]

Answer:

None of the above.

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