QUESTION:- If the country was experiencing high inflation, the Federal Reserve could _____________________ to help slow down the growth & make the economy stable.
ANSWER:- D) decrease spending AND increase taxes
HOPE IT HELPS YOU.
Which living expense needs to be included in the budget of someone renting an apartment?.
1 answer:
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QUESTION:- If the country was experiencing high inflation, the Federal Reserve could _____________________ to help slow down the growth & make the economy stable.
ANSWER:- D) decrease spending AND increase taxes
HOPE IT HELPS YOU.
Answer:
After tax salvage value $1,278,852.8
Explanation:
MARCS five years class:
after four years we will have depreicate:
0.2 + 0.32 + 0.192 + 0.1152 = 0,8272
(Data from the attached MACRS)
tax basis of the asset:
6,170,000 x ( 1 - 0.8272) = 1.066.176
We will be taxed for the difference between the basis and the salvage value:
1,370,000 - 1,066,176 = 303,824 taxable gain:
303,824 x 30% = 91,147.2
After tax salvage value:
salvage valeu - income tax expense
1,370,000 - 91,147.2 = 1,278,852.8
