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Alona [7]
3 years ago
15

In august 2016, richard purchased and placed in service an office building costing $753,000, including $134,000 for the land. th

e amount of depreciation richard may claim in 2016 is __________.
Business
1 answer:
frutty [35]3 years ago
8 0
I think the depreciation will be charged only on the value of the house so that would be $753000-134000=$619000 since the land wouldn't depreciate. The actual amount of depreciation I don't know, just that it will be based on this value of the building on the land.
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Your company decides to implement sap in the united states before implementing it in canada. this is an example of ___________ c
nlexa [21]

Your company decides to implement sap in the united states before implementing it in canada. this is an example of pilot conversion.

A hardware or software migration technique known as a "pilot conversion" involves introducing the new system to a small number of users for testing and review. Users in the test group can offer helpful comments on the system during the trial deployment to improve the eventual distribution to all users.

The pilot conversion procedure entails changing a company's single-entry accounting system to a double-entry one. Single-entry bookkeeping is a quick and easy approach for new small enterprises to record their revenue and expenses.

Learn more about pilot conversion here

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8 0
2 years ago
Peter wishes to create a retirement fund from which he can draw when he retires and the same amount at each anniversary of his r
uranmaximum [27]

Answer:

$65,742.60

Explanation:

Note: The full question is <em>"Peter wishes to create a retirement fund from which he can draw $20,000 when he retires and the same amount at each anniversary of his retirement for 10 years. He plans to retire 20 years from now. What investment need he make today if he can get a return of 5% per year, com- pounded annually?"</em>

At first, we need to find the PV of withdrawals and there are 11 withdrawals starting 20 years from now.  

PV = PMT/r * 1 - 1/(1+r)^n. This formula gives the PV one period before the first withdrawal. That is 19 years from now because the first withdrawal is 20 years from now.

PMT = 20,000, n = 11,  

r = 0.05

PV19 = 20,000/0.05 * [1 - 1/(1+0.05)^11]

PV19 = 400,000 * 0.4153207109

PV19 = 166,128.28436

Now, we need to discount this back to toda

PV0 = PV19/(1 + r)^n; n = 19, r = 0.05

PV0 = 166,128.28436/(1 + 0.05)^1

PV0 = $65,742.6033421702

PV0 = $65,742.60

So, Peter needs to make $65,742.60 today.

3 0
3 years ago
You go to the grocery store every 4 days. your friend goes to the grocery store every 10 days. if you and your friend both go to
GaryK [48]

The answer for this question would be you will both go to the store on the same day in 20 days. The reason behind this is you go every 4 days so at the time you go on your fifth round of those 4 days it would be your friend's 2nd time shopping in your friend's 10 shopping days.

7 0
3 years ago
beverly would like to take action to improve interprofessopmal communication among staff members. To be a successful agent of ch
zhannawk [14.2K]

The action that Beverly has to take first to be able to promote interprofessional communication would be Collection information about the situation.

<h3>What is interprofessional communication?</h3>

This is a term that has to do with the communication that takes place between the people that have similar occupation or profession.

It is when people in health are able to communicate within themselves, their patients and families in a more responsible way.

Read more on interprofessional communication here:

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3 0
2 years ago
How much money has to be invested at 5.1% interest compounded continuously to have $17,000 after 14 years?
andre [41]
We will use the formula; A = Pe^(r*t)
Given;
A = 17,000
r = 5.1%
t = 14
Solution;A = Pe^(r*t)  Compounding continously
17,000 = Pe^(.051*14)
17,000/e^(.714) = P
      $8324.59  = P 
The money that has been invested at 5.1% interest and compounded contiounsly to have 17,000 after 14 years is $8324.59
8 0
3 years ago
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