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Schach [20]
3 years ago
7

A small business sold an equipment for $30,000 after depreciating the equipment using the MACRS depreciation method. The applica

ble federal tax rate for the company is 39%. The federal tax liability on this depreciation recapture is $10,200 if the company also had other taxable income of $200,000 in that year.
a. True
b. False
Business
1 answer:
egoroff_w [7]3 years ago
6 0
Answer::::: is false
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Which of the marks of good leadership do you feel is the most important? (Take your time)
Alinara [238K]

Answer: I would say communication and honesty

Explanation: I pick these to bc if you want something done you have to ask ppl around you if you don't know and being honest is trustworthy jus don't lie all the time ya feel. this is my reasons

7 0
3 years ago
What are the services that are rendered to the wholesalers by the retailers?​
irinina [24]
Economies of Large Scale 2. Facilitate Distribution of Goods 3. Warehousing and Marketing 4. Financial Assistance 5. Risk Bearer 6. Forecasting of Demand 7. Regulate Production 8. Stabilisation of Prices

9. Connecting Link 10. Transportation 11. Provides Market Information 12. Price Stability 13. Risk Bearing 14. Marketing Functions 15. Promotion of Goods 16. Demand Analysis and Forecasting 17. Help in Sales Organization
4 0
2 years ago
Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits an
ikadub [295]

Answer:

$ 226.04

Explanation:

Given:

Paying fund, FV = $ 30000

Interest rate, i = 2%

Time, t = 10 years

Now,

\textup{PMT}=\textup{FV}[\frac{i}{(1+i)^n-1}]

since, the payment is made monthly

thus,

n = 10 × 12 = 120 months

i = 2% / 12 = 0.02 / 12

on substituting the values in the above equation, we get

PMT={30000}[\frac{\frac{0.02}{12}}{(1+{\frac{0.02}{12}})^{120}-1}]

or

PMT = $ 226.04

3 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
dezoksy [38]

Answer:

The following entry is made on the declaration date:    

Retained Earnings ( 20,000 x $10)  $200,000  Debit  

Common Stock Dividend Distributable  $40,000  Credit  

Paid in Capital in Excess of Par  $160,000  Credit  

At the moment of been distributed the additional shares to the stockholders the company register the following entry:    

Common Stock Dividend Distributable  $40.000  Debit  

Common Stock   $40.000  Credit  

Explanation:

When the company declares a stock dividend it does not involve cash, it means that each stockholder will get an additional percentage of shares.    

As the total value of stock it's the same, then the value per share decrease related to the price before the stock dividend because there are more shares outstanding.  

On December 31, 2018, the company's board of directors declares a 20 percent stock dividend.    

As the total shares outstanding are 100,000 , the stock dividend will be 20,000 more shares.  

The following entry is made on the declaration date:    

Retained Earnings ( 20,000 x $10)  $200.000  Debit  

Common Stock Dividend Distributable  $40.000  Credit  

Paid in Capital in Excess of Par  $160.000  Credit  

 

At the moment of been distributed the additional shares to the stockholders the company register the following entry:    

Common Stock Dividend Distributable  $40.000  Debit  

Common Stock   $40.000  Credit  

5 0
3 years ago
Read 2 more answers
Imagine you are experiencing a major conflict in your place of work. The team with which you are working at the time has split i
CaHeK987 [17]

Answer:

Compromising and collaborating are the strategies that should be used.

Explanation:

Collaboration can be understood as the procedure of two and more individuals entities, or organisations cooperating to complete a task or achieve an objective.  

Cooperation and collaboration are two terms that are often used interchangeably. Most collaborations necessitate leadership, albeit it might take the character of social governance within a decentralized and democratic organisation.

To compromise would be to reach an agreement between two or more parties in which each party relinquishes a portion of its claim. Compromise is the idea of reaching an arrangement through negotiation in a disagreement.

4 0
3 years ago
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