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3 years ago

Last year, Green Corporation incurred the following expenditures in the development of a new plant process:

Business

1 answer:

zloy xaker [14]3 years ago

4 0

Answer:

$50,400

Explanation:

Calculation to determine the amount of the deduction for the current year

First step is calculate the Research and experimental costs

Salary $250,000

Materials $90,000

Utilities $20,000

Depreciation $18,000

Research and experimental costs $378,000

($250,000+$90,000+$20,000+$18,000)

Now let determine the amount of the deduction for the current year

Current year deduction = $378,000/60 * 8

(Note that May-December will give us 8 months)

Current year deduction = $50,400

Therefore the amount of the deduction for the current year is $50,400

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E-Tech Initiatives Limited plans to issue $500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All o

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3 years ago

The U.S. Supreme Court case United States v. Bagley compels the prosecution to disclose any evidence that the _________ requests

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Question - The U.S. Supreme Court case United States v. Bagley compels the prosecution to disclose any evidence that the _________ requests.

Answer - "evidence that the defense requests"

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4 years ago

Read 2 more answers

A $10,000, 8 percent coupon bond that sells for $10,000 has a yield to maturity of

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Answer:

A) 8 percent.

Explanation:

Coupon rate refers to the expected periodic earnings of a bond until its maturity. The coupon rate is expressed as a percentage of the par value or the face value of the bond. It is similar to the interest rate for other investments option. A bond's coupon rate is, therefore, its interest rate.

A bond coupon rate represents its yearly earnings. However, most bonds will pay the interest twice per year. The bond issuer pays the bondholder regular and fixed interest until the bond matures. The coupon rate determines the bond's profitability. A bond with a higher coupon rate is more attractive to investors.

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3 years ago