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Andrej [43]
3 years ago
6

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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I Nike the biggest to seller in USA??
Brut [27]

Nike is the world's largest company in the footwear market and has the biggest market share in the USA.

Explanation:

Nike has a mammoth share of 29% in the global market and has even greater of a monopoly in the USA for footwear markets.

This monopoly comes at the expense of its competitors like Adidas that are relegated to the global second in almost all spots by the Nike market share.

Nike has been worn more throughout history and its smart brand tactics have kept the market in the USA as alive as it was before and with constant demand for the shoes of all ranges.

5 0
3 years ago
Paul Inc. forecasts a capital budget of $725,000. The CFO wants to maintain a target capital structure of 45% debt and 55% equit
defon

Answer:

If the company follows the residual dividend policy, the income he must earn is $898,750

The dividend payout ratio will be 55.63%

Explanation:

In order to calculate the income must it earn we would have to make the following calculation:

income must it earn=55% equity+dividends

55% equity=$725,000*0.55

55% equity=$398,750

Therefore, income must it earn=$398,750+$500,000

income must it earn=$898,750

If the company follows the residual dividend policy, the income he must earn is $898,750.

To calculate the dividend payout ratio we would have to calculate the following formula:

dividend payout ratio=dividends paid/income must it earn

dividend payout ratio=$500,000/ $898,750

dividend payout ratio=55.63%

The dividend payout ratio will be 55.63%

4 0
4 years ago
Rob and Lori purchased a home for $350,000 with an additional $5,000 in related purchase costs and then added a garage at a cost
Aliun [14]

Answer:

Profit = $42,000

Explanation:

Given:

House price = $350,000

Additional price = $5,000

Garage value = $25,000

Selling price = $450,000

Selling cost = $28,000

Total cost of the Assets

Purchase Home                       $350,000

Add: Additional Purchase       $5,000

<u>Add: Purchase of Garage       $25,000</u>

Total cost of the Assets          $380,000

Profit = Sale Price - (Cost Price + Selling Cost)

Profit = $450,000 - ( $380,000 + $28,000)

Profit = $450,000 - $408,000

Profit = $42,000

6 0
3 years ago
1. Russell's of Townville needs to borrow $48,000 for one year. The bank requires a 10 percent compensating balance on any amoun
babunello [35]

Answer:

D. 10.0%

Explanation:

As the bank reqiresd 10% compensating balance the actual amount unrestricted for the loan is 48,000 x (1 - 10%) = 43,200

and from this amount we have to solve for the effective rate:

principal x rate = interest

48,000 x 0.09 = 4,320

now we divide the interest over the actual principal to know the effective rate:

4,320 / 43,200 = 0.10 = 10%

8 0
3 years ago
Review the following conversation: Marcy: Dana, can I talk to you for a couple of minutes? We’ve been roommates for two years an
babunello [35]

Answer:

Coaching.

Explanation:

Coaching is demonstrated as the method of training in which a more experienced or proficient person provides suggestions and guidance to an individual(employee) with an aim to build and develop his/her skills, competence, performance, and career. <u>The managers are required to be efficient coaches as it helps them in promoting better engagement in the team and enhancing productivity as well as customer support of the organization</u>. It helps the managers to develop the skills in employees and boost their self-confidence which makes them able to overcome challenges effectively, improve their performance, and reach desired goals.

7 0
3 years ago
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