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3 years ago

What is the maximum total depreciation deduction that Chaz may deduct in 2020?

Business

1 answer:

jenyasd209 [6]3 years ago

4 0

Answer:

$ 2,103,479

Explanation:

Maximum total depreciation deduction $ 2,103,479 Chaz Corporation has taxable income in 2020 of $368,000 for purposes of computing the §179 expense and acquired the following assets during the year: Assume CARES Act applies.

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Munster Company reports the following net cash in its statement of cash flows: net inflow from operating activities: $200; net o

Murrr4er [49]

Answer:

$170

Explanation:

Given the following information about Munster company:

Net inflow from operating ACTIVITIES = $200

Net outflow from investing ACTIVITIES = $300

Net outflow from financing ACTIVITIES = $50

Ending balance in cash = $20

BEGINNING BALANCE :

Outflows + ending balance - inflow

(Outflow from investing ACTIVITIES + outflow from financing ACTIVITIES + ending balance in cash) - inflow from operating activities

($300 + $50 + $20) - $200

$370 - $200

= $170

3 0

3 years ago

Most organizations strive to resolve between _______ of requests at the first level of support in less than an hour.

Bingel [31]

The answer in the space provided is seventy five to eighty five percent because this is only the likely percentage that the organization strive because this extends to their capabilities and that this occurs at the first level of support in less than an hour when they undergone through this process.

5 0

3 years ago

Refer to the following table to answer the following questions:

sineoko [7]

Answer:

Following are the answer to this question:

In question first, the answer is "Option d".

In question second, the answer is "Option e".

In question third, the answer is "Option e".

In question fourth, the answer is "Option e ".

In question fifth, the answer is "Option b".

Explanation:

Given values:

$Checkable \ deposits = \$ 400,000,000\\Currency = \$ 340,000,000\\Traveler's \ checks = \$ 4,000,000\\Money \ market \ mutual \ funds = \$ 50,000,000\\Small \ time \ deposits = \$ 6,000,000\\Savings \ deposits = \$ 850,000,000\\$

Solution:

$\text{M1= currency +checkable deposits + travellers check}$

= $400000000+$340000000+$4000000

= $744000000

$\bold{\text{M2 = M1 +money market mutual funds + small time deposit+ saving deposit}}$

= $744000000 + $50000000+$6000000+$850000000

= $1,650,000,000

Saving account deposits, which means its amount of money increased throughout the M2 portion regular savings account. So M2 will grow
Its increase in the number of employees may not impact the balance sheet with banks, because each bank maintains its entire cash flow
For banks, loans are investments if they're lending money as a bank to people. So, it's on income statement asset side

3 0

3 years ago

The balance of the accumulated depreciation account on the adjusted trial balance of the end-of-period spreadsheet would be repo

Maslowich

Explanation:

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3 0

3 years ago

alexander spent27$ for tickets to a baseball game.he also spent 24$on food how much did he spend on tickets and food

Lera25 [3.4K]

Answer:

either this is a stupid question or this isnt asked right hahaha, based on the basic info here, 51??

Explanation:

6 0

3 years ago

Read 2 more answers