Barbara's Bakery purchased appliances (7 year property) in quarter 4 of Year 1. The original cost of the appliances was $40,000 and she did NOT use bonus depreciation or Section 179 expensing in the year of purchase. The mid-quarter convention has been used for the calculation of depreciation. If Barbara sells the appliances in March of Year 4, she will be able to deduct $:________.

Answers

Answer 1

Answer:

$703

Explanation:

Calculation for the amount that Barbara will be able to deduct If she sells the appliances in March of Year 4

Purchase value $10,000

MARC rate for 4 years 14.06

Proportion of the year factor- Mid quarter (1.5/12)

Therefore the Depreciation deduction allowed will be:

(40,000 ×14.06%)/12^⁴(1.5)

= $703

Answer 2

Answer:($40,000 * 14.06 %* 12.5% )= $703

Explanation: First, we determine the depreciable basis. In this case, Barbara purchased it, so we use the amount of how much the was the cost of asset ($40,000). We then proceed to determine which type of convention (Mid-convention) was used and no depreciation bonus or section 179 expensing. Now we gather more information if she is only depreciating or/and also disposing? The recovery period(MARCS table) for an appliance is a 7-year property(also given in the problem). We have to use mid-quarter convention not only because it is given in the problem but also it is the rule : 40% of personal property in service during the last three months of the tax year(in this case it is in quarter 4 or last quarter. We use the mid quarter convention table for the quarter 4 recovery year 4 which has the value of 14.06% to depreciate the value we multiply this to cost basis ($40,000) = 5624 depreciable value. However, Barbara also wants to sell (dispose) the appliances, we have to use the disposition table Mid-quarter convention percentage and we have to consider when is she selling the appliances. In this case, she sells in March(year 4 recovery period), take note that March is part of the 1st quarter . The value for the first quarter of disposition is 12.5% (derived from 1.5/12). We then multiply this value to determine how much she will be able to deduct. Hence,

$40,000*14.06%*12.5% = $703


Related Questions

100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.


Corn

Diamonds

United States

60

10

Congo

20

5



Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.

Answers

Answer:

In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.

What is the open-door cost of delivering corn?

The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.

This can be found as:

= Units of jewels/Units of corn

= 10/60 jewels

All in all, choice B is right.

Answer:

B) The United States should specialize in corn and trade for diamonds.

Explanation:

I got it right on the test

Eric is adding three more slides to his PowerPoint presentation. He knows he wants one of them to have only a large text box, the second one to have two images with captions, and the third one to have four images with a large title on top.

What series of buttons should Eric press to add each one of these slides?
File tab → New → click the Sample templates symbol File tab → New → click the New Slide symbol Home tab → hold the New Slide arrow → select a layout Home tab → hold the Slide Layout symbol → select a layout​

Answers

3 pretty sure sorry if I’m wrong

Answer:

c

Explanation:

on edg

True or False: Your personal brand statement will be wording that is unique to you
and that clearly describes your strengths, passions, and who you plan to serve.
True
False

Answers

Answer:

True

Explanation:

it’s true thank me laterrrrr

Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online

Answers

To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.

What strategy should be applied when other strategies are ineffective and the company needs to change quickly

Answers

Answer:

Plan Carefully. ...

Be as Transparent as Possible. ...

Tell the Truth. ...

Communicate. ...

Create a Roadmap. ...

Provide Training. ...

Invite Participation. ...

Don't Expect to Implement Change Overnight.

Explanation:

A company's marketing plan begins with a focus on ___________________.

a.
customers

b.
product

c.
place

d.
value

Answers

Answer: customers

Explanation:

What is the degree of alignment between what Netflix is currently
doing (actions) and their mission, vision, values, structure, and culture.

Answers

I’m sorry I gave up 85 points on accident

Which task is most suitable for creating an algorithm?
saving time writing a report
explaining how to set up a mobile phone for use
choosing photos to put on a website
finding the best of three suggested routes to drive to a concert

Answers

Answer:

finding the best of three suggested routes to drive to a concert

Answer:

D. finding the best of three suggested routes to drive to a concert

Explanation:

thank the other person :)

The use of formal committees, training, and codes of conduct help to ensure standards of
---- within an organization.

Answers

Answer:

the answer is Ethical Compliance po

Explanation:

The use of formal committees, training, and codes of conduct help to ensure standards of Ethical Compliance.

What is Ethical compliance?

A compliance and ethics program can assist with guaranteeing that an association works inside the law and stays consistent with own moral standards are mean a lot to the organization's business and personality.

Compliance is understanding and acting as per the regulations, guidelines, arrangements, and methodology that apply to your association. All things considered, an organization can be in compliance without essentially having ethics.

Moral obligation is the capacity to perceive, decipher and follow up on numerous standards and values as indicated by the guidelines inside a given field as well as setting.

Ethics and compliance in research covers a wide scope of action from basic rules about leading exploration dependably to explicit guidelines overseeing a kind of examination.

Therefore it is the Ethical compliance which is generally used for conducting help.

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a corporation may repurchase its shares of stock because management

Answers

Answer: the management believe that the stock is undervalued

Explanation:

Tintin Company Limited has recently undergone an extensive re-branding exercise and a new website has been created. As the Director of Human Resource Management, you have been tasked to look at the implications for individuals pursuing a career in Strategic Human Resource Management in an organization. Discuss and analyze the statement.

Answers

The Human Resource Management in an organization is important to improve business performance.

What is human resources management?

It should be noted that human resources management simply means the strategic approach to the efficient management of people in an organization.

In this case, the Human Resource Management in an organization is important to improve business performance.

Also, they are important to uphold a culture that's inspires innovation.

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Step 2: Writing Report
Explain the value of using data analysis.
Explain the risks of not using data visualization.
The report should explain the data that you have analyzed throughout the course.

Step 3: Lessons Learned
Identify some key points that you found about data analytics in this course and add a slide for lessons learned at the end of your presentation on what you learned this session.

Answers

The value that can be gotten from Data analytics  is that it can aid companies to have broad knowledge of market segments,  and can help to increase their market share as well as revenue growth.

The risks of not using data visualization is that the company may not be be able to  to maintain the audience's interest with information.

What is the importance of Data analytics?

For example, data analytics can help businesses find underdeveloped market areas, anticipate client wants, and improve their product offers. Businesses that use data analytics to acquire a competitive edge can grow their market share, accelerate revenue growth, and strengthen their brand.

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In most business environments, who is responsible for coordinating, controlling, and managing the database

Answers

Answer:

The database administrator

Explanation:

DATABASE ADMINISTRATOR is a person who sole responsibility is to help manage, control and coordinate everything that has to do with a business, company or an organization database by backing up data and ensuring that all the data are often made available when needed which is why in most business environments DATABASE ADMINISTRATOR are mostly an important role because they help to plan, manage , Create backup as well as monitor and optimized the database’s performance.

Therefore in most business environments the person who is responsible for coordinating, controlling, and managing the database is called

DATABASE ADMINISTRATOR

What are the transaction costs of organising the purchase of a tourism product? Compare these costs when the transaction is carried out directly by the final consumer and when it is carried out by a tourism intermediary company.

Answers

A direct distribution channel allows consumers to buy and receive goods directly from the manufacturer. An indirect channel moves products from the manufacturer through various intermediaries for delivery to the consumer.

If 10,000 pounds of direct materials are purchased for $9,300 on account and the standard cost is $.90 per pound, the journal entry to record the purchase is Raw Materials Inventory 9,300 Accounts Payable 9,000 Materials Price Variance 300 Raw Materials Inventory 9,000 Materials Price Variance 300 Accounts Payable 9,300 Work In Process Inventory 9,300 Accounts Payable 9,000 Materials Quantity Variance 300 Raw Materials Inventory 9,300 Accounts Payable 9,300

Answers

Answer:

Raw Materials Inventory 9,000 Materials Price Variance 300 Accounts Payable 9,300

Explanation:

Based on the information given journal entry to record the purchase is

Dr Raw Materials Inventory $9,000

(10,000 pounds*$.90 per pound)

Dr Materials Price Variance $300

($9,300-$9,000)

Cr Accounts Payable $9,300

(To record purchase)

Ruby is 25 and has a good job at a biotechnology company. She currently has $11,400 in an IRA, an important part of her retirement nest egg. She believes her IRA will grow at an annual rate of 9 percent, and she plans to leave it untouched until she retires at age 65. Ruby estimates that she will need $875,000 in her total retirement nest egg by the time she is 65 in order to have retirement income of $20,000 a year (she expects that Social Security will pay her an additional $15,000 a year).How much will Ruby's IRA be worth when she needs to start withdrawing money from it when she retires?

Answers

Answer:

$ 358,063

Explanation:

Calculation for the amount that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires.

Ruby's IRA worth when she retires at age of 65

First step

Using this formula to find how many years until Ruby retires

Time period= Retired age (-) current age

Let plug in the formula

65-25=40 years

Second step is to find the future value of IRA when she retires

Using this formula

Future value of IRA when she retires

= Present value(1+r)t

Let plug in the formula

$ 11,400 (1+0.09) ^40

=$11,400 (1.09) ^40

=$ 11,400 (31.409)

= $ 358,063

Therefore the amout that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires will be $358,063

HELP ASAP:
In the open market, oil shares are an example of:
A. finance.
B. accounting.
C. a commodity.
D. a security.

Answers

Answer:

C. A commodity

Explanation:

Why has Walmart viewed international expansion as a critical part of its strategy?

Answers

Answer and Explanation:

As we know that Walmart is a multinational retailing corporation in which there is a chain of hypermarkets, grocery stores are operated. In case when it is entered into the international market so the potential is maximized

Now in the case when it Walmart do the business alone so it would lead to less customer base but if enter into an international market so the chances of maximum revenue is high

In this way it would be critical part of its strategy

How teachers apply stenhouse theory

Answers

Answer:

In curriculum, a vision of knowledge, the role of the educator and a concept of the process of education are all present. In this sense, Stenhouse suggests that the role of teachers and professors is fundamental in the elaboration and implementation of curriculum.

Sean and Yvette Durand live in Swarthmore, PA. Yvette's father, Bob, lives in Sweden. For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M). Check all that apply.

a. Yvette's father in Sweden orders a bottle of Vermont maple syrup from the producer's website.
b. Sean buys a sweater made in Guatemala.
c. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore.
d. Sean's employer upgrades all of its computer systems using U.S.-made parts.
e. Yvette gets a new refrigerator made in the United States.

Answers

Answer:

Any help

Explanation:

I need acndndndndndndmdndbdbzjdjdbdbddjwbbsbxbxbxbxbdhdbdb

Which type of risk is most likely to be insurable?

Answers

Answer:

Pure risk is the only type of risk that is insurable because there is only the chance of loss. The Law of Large Numbers allows the probability of loss to become more predictable.

Explanation:

1.4 The common techniques for estimating include: (2)
A)
decomposition
B)
COCOMO
C)
function points
D)
resource leveling
E)
all of these

Answers

E all of these is the right answer

"Easton Company uses 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 130 $11 5/5 Purchase 280 $13 5/15 Purchase 140 $15 5/25 Purchase 160 $17 Sales were 430 units at $25. Using the FIFO method, determine the dollar value of Ending Inventory for the month of May.”

Answers

Answer:

$4,520

Explanation:

The computation of the dollar value of the ending inventory using the FIFO method is as follows:

But before that the ending inventory is

= Beginning inventory + purchased units + purchased units + purchased units - sales units

= 130 units + 280 units + 140 units + 160 units - 430 units

= 280 units

Now the ending inventory is

= 160 units × $17 + (280 units - 160 units) × $15

= $2,720 + $1,800

= $4,520

What is the most likely reason some people avoid all carbohydrates in order to lose weight?

Answers

Answer:

People avoid carbohydrates, because they have a high calory density.

Supply and demand is:
A. an advertising principle that the value of a product is directly
proportional to how many public figures and celebrities use it.
B. an advertising method supporting the idea that if you show several
products being used in an ad, more people will want to buy them.
C. an economic idea that the value of something is determined
how much of it exists in relation to how much consumers want it.
D. an economic principle supporting the idea that the quicker
something is made, the sooner it can be sold on the open market.

Answers

Answer:

C.

Explanation:

Consumers wanting it is the demand.

So if fewer want it, it might be made less.

if more want it, it might be made more often.

If it's in high demand, it might also cost more to get, as more people want it.

Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $9.80 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $11.60 per pound. The processing into Decaf Columbian requires additional processing costs of $6,300 per batch. The additional processing will also cause a 5% loss of product due to evaporation.

Question Content Area
a. Prepare a differential analysis dated December 11 on whether to sell regular Columbian (Alternative 1) or process further into Decaf Columbian (Alternative 2). If required, use a minus sign to indicate a loss.

Answers

The differential analysis is attached accordingly. The workings are indicated below.

What is differential analysis?

Differential analysis is a decision-making approach that analyzes the net effects of two alternatives by examining the advantages and costs associated with each. The option chosen has the greatest advantageous (or least adverse) financial impact.

To arrive at the figures in the differential analysis first we derive the Revenue from selling regular Columbian:

Recall that:

Revenue = Sales x Quanity Manufactured; hence

9.8 x 7500

= $73,500

Revenue from Decan Columbian:

11.6 x (95% x 7500)

= 11.6 x 7125

= $82, 650

Cost of selling regular Columbian

Cost = Cost x Units produced

= 6 x 7500

= $45,000

Compute the cost of selling Decaf Columbian

In this case, Cost = Product Cost + Cost of processing

= 45,000 + 6300

= $51,300

Hence the figures indicated in the differential analysis.

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Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of

construction loan avoidable interest

Answers

Avoidable interest serves as one that is used in the estimation of interest without expenditure.

What is an avoidable interest?

Avoidable Interest can be regarded as the  computation  that can be used to find the  interest when trying to avoid expenditures .

To calculate the Avoidable interest , the equation that can be used is

(the weighted average accumulated expenditures ) *( the proper interest rate)

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Instructions
A new client has come to your architectural office, to discuss ideas of her families new residence. She is moving to Colorado from a rural area in southern Georgia to take a
new job. She has not yet decided whether to build a home or buy an existing one. The client is about 35 years ols and has three children, ages 9, 5 and 2.
When you ask about her family's priorities, she tells you that the home must be close to good schools and daycare facilities. Although her new job is downtown, she does not
want to live downtown because she thinks that would be too big of a change for her children. She wants a house with at least three bedrooms, with room for expansion
Given this preliminary information, answer the following questions.

Answers

Mmmh hmmm sorry but I didn’t know

The Better Business Buniau is a consumer protection organization sponsored by consumer groups.
O a. True
O b. False

Answers

Answer
True
Hope this help
It is true holy this helps

Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is

Answers

The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.

In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.

Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:

Demand elasticity = (% change in quantity demanded) / (% change in price)

Demand elasticity = (8% / 10%)

Demand elasticity = 0.8

The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.

Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.

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Other Questions
Find the following limit or state that it does not exist. lim (1? + 2 +5) +3 Select the correct choice below and, if necessary, fill in the answer box to complete your choice. lim (7 + 2t+5) A. (Simplify your answer.) +3 OB. The limit does not exist. Specifying the data types, structures, and constraints of the data to be stored in the database. A. Defining B. Constructing C. Manipulating D. Sharing I WILL MARK YOU AS BRANLIEST JUST DO THIS PLS ASAPEdson exercises in sets that are each t minutes long. He does 6 sets of push-ups, 3 sets of pull-ups, and 4 sets of sit-ups. Write an expression to represent the time it takes Edson to exercise as the sum of three different terms. Then simplify the expression. PLS ANSWER ASAP I RLLY NEED IT A box weighing 212 N is hung from two cables. The angle between horizontal and each cable is 34.4 What is the mass of the box? * kg What is the tension in each cable? *N ( 8n - 3n^4 + 10n ^2 ) - ( 3n^2 + 11n ^4 - 7) Read the excerpt from an 1845 Greensboro newspaper article.On last Tuesday morning nineteen carts, with about one hundred persons, passed this place, from Wake County, on their way to the West.What is this excerpt describing? mass migration out of North Carolinamass migration into North Carolinathe improvement of infrastructure in western North Carolinathe improvement of infrastructure in eastern North Carolina Typically, the franchisee determines the territory to be served by the franchise. Group of answer choices True False Two hydrogen atoms covalently bond to form a hydrogen molecule.What is true about the hydrogen molecule?A-The hydrogen molecule can have more or less energy than the hydrogen atoms.B-The hydrogen molecule has less energy than the two atoms.C-The hydrogen molecule has the same energy as the two atoms. What is the solution to the following system? You are performing a Gram stain on an unknown microorganism. You add the crystal violet to the smear and let the stain sit for one minute. After waiting, you observe the slide under a microscope and see purple bacilli (rods) arranged in chains. Is it safe to assume this is Gram positive? Sometimes observations fail to be reproducible in spite of our best efforts. Psychologists know this only too well. How can an observer improve the chance that an observation will turn out to be reproducible A soda straw is 20 cm long and 2 mm in diameter. It delivers cold soda, approximated as water at 5 o C, at a rate of 3 cm 3 /s. (a) What is the head loss through straw? (b) What is the pressure drop if the flow is horizontal up? (c) What is the pressure drop if the flow is vertically up? Which statement about the use of models in science is true?A. Scientific models must be complex.B. Scientific models never change once they are created.C. Scientific models do not have any limitations.D. Scientists use models to represent and predict real phenomena in the world. Which of the following statements about game rules is TRUE?A. Rules can be broken as long as nobody gets hurt.B. Rules interfere with the flow of the game. C. Rules are written to protect the safety of the participants. D. Rules can be broken as long as your coach is telling you to do it. A hiker on the Appalachian Trail planned to increase the distance covered by 20% each day. After 7 days, the total distance traveled is 51.664 miles.Part A: How many miles did the hiker travel on the first day? Round your answer to the nearest mile and show all necessary math work.Part B: What is the equation for Sn? Show all necessary math work.Part C: If this pattern continues, what is the total number of miles the hiker will travel in 10 days? Round your answer to the hundredths place and show all necessary math work. based on the graph, what is the overall range of average temperature and total precipitation on earth? A.15 to 30 degrees Fahrenheit, 0 to 4500 inches precipitationB.0 to 30 degrees Celsius; 0 to 4000 mm precipitationC.-15 to 30 degrees Celsius; 0 to 4500 mm precipitationD.0 to 20 degrees Fahrenheit; 1500 to 3500 inches precipitation Jake is about to interact with his new roommate. Jake is white, and is worried that his African American roommate will think he is prejudiced. He is worried that he might say something that could be taken as a sign of prejudice. Jake is experiencing ____.a. stereotype threatb. scapegoatingc. a self-fulfilling prophecyd. a self-serving bias A line representing Car B would have a parallel slope if: The _____ is to sensory input as an old-fashioned switchboard was to telephone calls.