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Fittoniya [83]
3 years ago
5

HELP ME PLEASE

Business
1 answer:
Anna35 [415]3 years ago
4 0

Answer:

I only know the answer to the last question, sorry.

The cell will lose its shape and support

Explanation:

I took the quiz.

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James purchased a new business asset (three-year personalty) on July 23, 2019, at a cost of $40,000. James takes additional firs
maria [59]

Answer:

The cost recovery deduction for 2019 is $26666

Explanation:

Additional first-year depreciation = 40000*0.5

                                                        = $20000

MACRS cost recovery = (40000 - 20000)*0.3333

                                     = $6666

Total cost recovery deduction for 2017 = Additional first-year depreciation  + MACRS cost recovery

                                                                 = $20000 + $6666

                                                           = $26666

Therefore, The cost recovery deduction for 2019 is $26666

7 0
3 years ago
The set of business activities that adds value to products and services sold to consumers for their personal or family use is re
BARSIC [14]

Answer:

Marketing

Explanation:

5 0
3 years ago
Your older brother turned 35 today, and he is planning to save $7,000 per year for retirement, with the first deposit to be made
erik [133]

Answer:

Elder Brother will be able to annual spend $64,932.21 each year for 25 years after retirement.

Explanation:

The question is to find the Future Value of saving $7,000 per year for retirement.

First step is to know the formula for the Future of Annuity in order to compute the future value of his yearly deposits.

<h2>Future Value (FV) = P * (1+r)^{n}- 1/r]</h2>

FV= Future value of the annuity

P= The annual payments/savings

r = rate for each period

n= number of years he is to save

FV = $7,000 * (1+0.075)^{30}- 1/0.075]

= $7,000 x (8.754955-1/0.075

=$7,000 x (7.754955/0.075)

= $723,795.82

The answer above shows the amount of cash flow, his current yearly savings will make available for him at the age of 65 and to be spent for the 25 years he expects to live after retirement.

Using the amount therefore, we can determine the amount he is able to spend each year as follows

PV (at the time of his retirement)= P x [1-(1+r)^{-n}/r]

Where PV= $723,795.82

P= Expected periodic spending per year after retirement

R = Rate for each period = 7.5%

n= number of years expected after retirement= 25 years

$723,795.82= P x [1-(1+0.075)^{-25}/0.075]

$723,795.82= P [(1-0.163979)/0.075]

$723,795.82= P x (0,836021 /0.075)

$723,795.82= P x 11.14695

P= $723,795.82=/11.14695

P= $64,931.21

This means Elder Brother will be able to annual spend $64,932.21 each year for 25 years after retirement.

6 0
3 years ago
What the difference between international accounting and domestic accounting
Umnica [9.8K]

Explanation:

International accounting (IAS) includes accounting standards and concepts of various countries. MNC's which operates in various countries need to follow the local accounting procedure and then need to compile the data so the overall performance of the company, can be determined. This also involves different currencies making the work difficult.

Domestic accounting (DAS) - every country have their own accounting standards and methods which must be followed while preparing books of accounts and are called domestic accounting. It is followed by companies which deal in only domestic business. Domestic accounting is done in home currency and is easier than international accounting.

3 0
3 years ago
Prepare various types of budgets
chubhunter [2.5K]
I’m happy to answer this question if you can give me more detail.
6 0
3 years ago
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