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mixas84 [53]
2 years ago
15

Select the correct text in the passage.

Business
1 answer:
AfilCa [17]2 years ago
5 0

Answer:   I heard its the second option, I cannot verify that. But i do have the awnsers to every question for the final in Entrepreneruship, Its on quizlet labeled Entrepreneurship. 37 terms.

Explanation:

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Last year, a corporation purchased an office building for $220,000, of which $30,000 was allocated to the land on which the buil
Alex_Xolod [135]

Answer:

$4872

Explanation:

Given: Purchase price of an office building= $220000.

           Out of cost building, $30000 was allocated to the land.

Remember, As per current US Tax code, commercial building can be depreciated over 39-year straight-line for commercial property.

Now, calculating the current year depreciation deduction.

We know, land is not depreciable.

∴ Cost of building= Purchase\ price\ of\ building - cost\ of\ land

⇒ Cost of building= \$ 220000 - \$ 30000

∴ Cost of building= \$ 190000

Next calculating depreciation using straight line method ignoring salvage value.

Depreciation deduction= \frac{\$ 190000}{39}

∴ Depreciation deduction= \$ 4872

Hence, The corporation's current year depreciation deduction for the building is $4872

5 0
3 years ago
A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactu
Natali5045456 [20]

Answer:

insourced

Explanation:

A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactured for the U.S. auto industry. Rather than build its own, it <u>insourced</u> the air-conditioning component of its models to the U.S. company, which provided several jobs for skilled tradespersons in that state.

3 0
3 years ago
The number-one cash crop in the united states was marijuana prior to 1890.
Ede4ka [16]

<span>A. </span>True. Based on the history of marijuana and other cannabis products, Marijuana was the number-one cash crop in the united states prior to 1890. Marijuana is a depressant and does not contain nicotine. It is a schedule I controlled substance, according to U.S. federal regulations where there is approximately 77% of illicit drug users smoke marijuana. The use of marijuana for medicinal purposes is illegal in the U.S but legal in Canada. The "reverse tolerance" turns out to be due to variations in the manner in which the drug is ingested is one of the long-term effect of Marijuana.





8 0
3 years ago
A stock has an expected return of 12.9 percent and a beta of 1.30, and the expected return on the market is 11.80 percent. What
bazaltina [42]

Answer:

really good song: heat waves by glass animals.\alpha \beta \pi \neq \leq \geq \alpha \pi \beta \alpha

Explanation:

8 0
2 years ago
Mitchell Corporation bought equipment on January 1, 2017. The equipment cost $300,000 and had an expected salvage value of $50,0
docker41 [41]

Answer:

$250,000

Explanation:

The depreciable cost of the equipment is the amount that will be used to provide for depreciation on the asset also known as Depreciable Amount.

<em>Depreciable Cost = Cost - Salvage Value</em>

therefore,

Depreciable Cost = $300,000 - $50,000 = $250,000

8 0
2 years ago
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