in 2022, micro corp. purchased a machine to be used in its business. the machine qualifies as sec. 179 property. the cost of the machine is $3,160,000. what is the amount of sec. 179 deduction that micro corp. may take in 2022? $590,000 $0 $620,000 $1,080,000
Answers
In 2022, Micro Corp. bought a machine costing $3,160,000, which qualifies as sec. 179 property. What is the amount of sec? 179 deduction that Micro Corp. can take in 2022?
Micro Corp. can take a deduction of $1,080,000 under section 179 in 2022.
Section 179 of the Internal Revenue Code (IRC) is a tax deduction that companies and businesses may take in the year in which they purchase the qualifying property. It's a method for incentivizing small businesses to invest in themselves and expand their capabilities.
Section 179 can be used for up to $1,050,000 in property purchases in 2022. It is lowered dollar-for-dollar by the total amount of qualifying property purchased over $2,620,000, meaning it disappears entirely if more than $3,670,000 worth of qualifying property is purchased.
In 2022, Micro Corp. purchased a machine for $3,160,000, which is less than the $3,670,000 threshold. As a result, the total Section 179 deduction available is $1,080,000 ($1,050,000 base amount plus $30,000 additional limit for the total cost of qualifying property between $2,620,000 and $3,670,000).
Therefore, Micro Corp. can take a Section 179 deduction of $1,080,000 in 2022.
Learn more about Internal Revenue Code (IRC): https://brainly.com/question/30360007
#SPJ11
Related Questions
Tai works in an office at his place of employment; however, most of the day he is found at other computers working. In which career pathway would this be a typical workplace? Network Systems Programming and Software Development Information Support and Services Interactive Media.
Answers
The career pathway that would be a typical workplace for Tai is C. Information Support and Services.
What are Information Support and Services?Information Support and Services encompass the following career pathways:
Information technology deploymentImplementation of computer systems and softwareDatabase managementProvision of technical assistanceManaging information systems.Thus, Tai's career pathway leads him to Information Support and Services.
Learn more about Information Support and Services at https://brainly.com/question/14798936
Answer:
Information Support and Services and c
Explanation:
edge 2022
Tick the correct alternative(s), (more than one may be correct), or write your answer in the space provided. C, I, G are consumption, investment and government expenditures. Unless otherwise stated, assume the behavioural assumptions discussed in the lectures For all questions involving an exogenous change, assume that the only exogenous change is the one specified in the question. 1. G will change if the government (a) purchases more goods (b) increases old age pensions (c) sells off (the previously government owned) British Steel. 2. C will change if individuals (a) increase their saving (b) purchase more government bonds (c) purchase shares in British Steel (d) receive an increase in pensions
Answers
1.G will change if the government purchases more goods. 2. C will change if individuals increase their saving or receive an increase in pensions.
1. G will change if the government:
(a) purchases more goods (correct)
(b) increases old age pensions (incorrect, as it falls under transfer payments)
(c) sells off (the previously government owned) British Steel (incorrect, as it relates to asset sales)
2. C will change if individuals:
(a) increase their saving (correct)
(b) purchase more government bonds (incorrect, as it relates to investment)
(c) purchase shares in British Steel (incorrect, as it relates to investment)
(d) receive an increase in pensions (correct, as it affects disposable income and consumption)
To know more about government:
https://brainly.com/question/4160287
#SPJ11
The ultimate success of new products (goods or services) primarily depends on: Select one: a. The reputation of the organization b. Consumers accepting them c. The strength of the marketing efforts d. The organization's brand identity
Answers
Consumer acceptance is the primary determinant of the ultimate success of new products.Option b is correct.
The ultimate success of new products (goods or services) primarily depends on consumers accepting them (option b). While the reputation of the organization (option a), the strength of the marketing efforts (option c), and the organization's brand identity (option d) all play significant roles, it is consumers accepting the new products that ultimately determines their success in the market.
Consumers accepting new products means that they find value in the offerings and are willing to purchase and use them. Factors such as the product's quality, features, price, and how well it meets the needs and desires of the target market are crucial in gaining consumer acceptance. Positive word-of-mouth, recommendations, and reviews from satisfied customers also contribute to consumer acceptance.
While a strong organization reputation, effective marketing efforts, and a well-established brand identity can positively influence consumer acceptance, they are not guarantees of success. Without consumer acceptance, even the most reputable organization, powerful marketing campaigns, and strong brand identity may not translate into sustained demand and profitability for new products.
For more such questions on Consumer
https://brainly.com/question/28160621
#SPJ8
A retailer buys books from publishers for $6 each and prices them for sale to consumers at $9. What percentage markup for these books?
Answers
Answer:
50% is the correct answer
Explanation:
Answer:50
Explanation:
just took the test
With pecific reference to the cae tudy, decribe ome of the oft kill needed at univerity and in the workplace
Answers
As businesses seek to increase the value of their operations, soft skills are taking on more significance in the workplace.
Any ability that falls under the category of a habit or personality attribute is considered to be a soft skill. The more specific categories of these that many employers seek in job candidates are interpersonal skills and communication abilities.
Organizations now prioritize "soft skills" as the major differential when choosing between two candidates who appear to be equal.
THESE ARE KEY SOFT SKILLS:
1) Attitude
2) Communication
3) Ethics at work
4) Teamwork
5) Features of leadership
6) Management of time
7) Making choices
8) Settling disputes
9) Critically analyzing
10) Networking
11) Empathy
12) Problem-solving
To know more about Soft Skills, refer to this link:
https://brainly.com/question/14500704
#SPJ4
New work to complete Sprint Goal is identified after the Sprint Planning. When will this work be added to the Sprint Backlog?
Answers
New work identified after Sprint Planning should not be added to the current Sprint Backlog.
It should be added to the Product Backlog and prioritized for future Sprints during the Product Backlog refinement process. This ensures that the current Sprint goal is not disrupted and that the team can focus on completing the work agreed upon during Sprint Planning. However, if the new work is urgent and critical for the current Sprint, the Scrum Team may choose to cancel the current Sprint and start a new one with the revised Sprint Backlog.
learn more about Product here:https://brainly.com/question/22852400
#SPJ11
Hayden's team purchased 100 shares of Tiffany and Co. Stock for
$52. 50/share. Two weeks later, the team decided to sell their 100 shares of
Tiffany and Co. Stock at the current market price of $55. 25/share. Excluding
commissions, how much money was gained or lost on the sale?
a) $675 gain
b) $275 gain
c) $275 loss goods and services
Answers
Number of shares purchased by Hayden's team =100 shares
2 weeks later, Number of shares the team sold at the current market price= $55.25/share.
The correct answer is (b) $275 gain. To calculate the gain or loss on the sale, we need to first calculate the total cost of the 100 shares of Tiffany and Co. stock.
The team bought 100 shares of Tiffany and Co. stock at $52.50/share, so the total cost of purchasing the shares was:
100 shares x $52.50/share = $5,250
Two weeks later, they sold the shares at the current market price of $55.25/share. The total revenue from selling the shares was:
100 shares x $55.25/share = $5,525
To calculate the gain or loss, we need to subtract the total cost from the total revenue:
Total revenue - Total cost = Gain or loss
$5,525 - $5,250 = $275
Since the total revenue is greater than the total cost, there was a gain of $275 on the sale.
Therefore, option (b) is the correct answer.
For more question on total cost
https://brainly.com/question/28343117
#SPJ11
the broadest prohibition against all forms of discrimination in the sale of residential real estate is found in
Answers
The broadest prohibition against all forms of discrimination in the sale of residential real estate is found in the Fair Housing Act (FHA) in the United States.
The FHA, enacted in 1968, prohibits discrimination in the sale, rental, and financing of housing based on race, color, religion, sex, national origin, familial status, and disability. It ensures equal housing opportunities for all individuals, regardless of their protected characteristics. The FHA covers a wide range of activities related to residential real estate, including the sale or rental of homes, advertising, lending, and the provision of housing-related services.
Violations of the FHA can result in legal consequences and penalties.
Learn more about discrimination here: brainly.com/question/32379293
#SPJ11
Economies of scale and intra-industry trade combine to produce ________. quixlit
Answers
Economies of scale and intra-industry trade combine to produce variety of consumers.
Intra industry trade refers to a significant portion of trade involves the transfer of goods from one nation to another within the same industry. For example china importing and exporting automobile parts.
This proves to be beneficial for the producers as it helps in increasing the economic gains .It creates new challenges for the producers to come up with innovative ideas and helps the business to enjoy the advantages of economies of scale
Similarly it is good for the consumers as well as they get variety of products to choose from and sometimes to get the product at a cheaper cost .
All this has been made possible due to globalization.
To learn more about intra-industry trade click here:
https://brainly.com/question/28205200
#SPJ4
Imagine that you have been hired to create an ad campaign for a product. The client wants you to create three different taglines to persuade people to buy the product: one that appeals to authority, one that is based on a fallacy of presumption, and one based on argumentum ad populum. Briefly describe your product and provide the three taglines. (THIS IS CRITICAL THINKING!!)
Answers
The product is a new type of water filtration system for home use.
Tagline appealing to authority: "Endorsed by top water experts, our filtration system is the choice of professionals."
Tagline based on fallacy of presumption: "Upgrade to our filtration system and never worry about the quality of your water again."
Tagline based on argumentum ad populum: "Join the millions of satisfied customers who trust our filtration system for their home's water needs."
It's important to note that using fallacies and manipulation tactics in advertising is not ethical and can be misleading to the consumer. It's better to use truthful, clear and honest information to promote a product and its features and benefits.
The U. S. national debt:______________.
a. will be paid off when the budget is finally balanced.
b. is paid off each fiscal year when the debt is refinanced.
c. will never be paid off in any given year, but it will be entirely paid off when it is refinanced over a number of years.
d. equals the dollar amount of outstanding U.S. Treasury bonds
Answers
Answer:
d. equals the dollar amount of outstanding U.S. Treasury bonds
Explanation:
The National debt is entirely represented by the total dollar amount of outstanding U.S. Treasury bonds, both those bonds that are held by the public (private citizens), or by other governments.
Currently, the U.S. National Debt is over 24 million, and the amount of debt that can be issued in the form of U.S. Treasury bonds is limited by the national debt ceiling.
Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
Answers
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
Read more about Choreography
brainly.com/question/1384028
#SPJ1
Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using _____________ language.
Diagnostic
People-first
Inappropriate
Boundary-safe
Answers
Answer:
People-first
Explanation:
People-first language is a form of linguistic medication style involving a speaker putting a person before describing the actual diagnosis, that is, what a person "has" rather than asserting what a person "is."
For example, “a man walks with crutches” rather than” he is disabled.” Person-first language tends to be positive and promotes abilities rather than limitations.
Hence, in this case, Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using PEOPLE-FIRST Language.
Smokers impose negative externalities on nonsmokers. Suppose the airspace in a restaurant is a resource owned by the
restaurant owner.
a. How would the owner respond to the negative externality caused by smokers?
b. Suppose smokers own the airspace. How would that change matters?
c. If the government gives ownership of the air to nonsmokers, would that change matters? Explain your answer.
d. What does a ban on smoking in the restaurant do?
Answers
b. If the owners were smokers, they would allow others to smoke or smoke themselves since it is their property.
c. Yes it would because everyone has to listen to the government. They can file fines or other consequences to those who smoke under their ownership which will cause a decrease in smoking.
d. This allows pedestrians to not be harmed by the smoke caused by other smokers. This allows them to enjoy their time in the restaurant freely without worrying what’s getting into their lungs.
Suppose a tax of $1 per unit is imposed on a good. The more elastic the supply of the good, other things equal, the.
Answers
Suppose a tax of $1 per unit is imposed on a good. The more elastic the supply of the good, other things equal, the the larger is the deadweight loss of the tax.
What Is a deadweight loss of taxation?The measurement of loss brought on by the introduction of a new tax is referred to as the deadweight loss of taxation. This is the outcome of a new tax that is higher than what is typically paid to the taxing body of the government. A tax's impact on consumer surplus is known as "deadweight loss."
The amount of money the government makes when a tax is imposed on a good is exactly equal to the surplus that the tax causes to be lost by consumers and producers. A deadweight loss occurs when supply and demand are out of balance, leading to market inefficiencies. Deadweight losses are generally caused by an inefficient resource allocation that is brought about by a variety of interventions, including price floors, ceilings, monopolies, and taxes.
To learn more about deadweight loss of the tax, visit:
https://brainly.com/question/22420162
#SPJ4
The complete question is:
Suppose a tax of $1 per unit is imposed on a good. The more elastic the supply of the good, other things equal:
a. the smaller is the response of quantity supplied to the tax.
b. the larger is the tax burden on sellers relative to the tax burden on buyers.
c. the larger is the deadweight loss of the tax.
d. All of the above are correct
What is one way to prepare for a job shadowing experience?
Find directions to the shadowing location five minutes before you leave.
Look over recent news about the company.
Make sure to wear a lot of cologne or perfume.
Wear clothing that is casual to ensure you are comfortable.
Answers
Answer: Look over recent news about the company.
Explanation: I took the test and got it right. :D
Answer:
B
Explanation:
Which of the following provisions in a mortgage may pose a problem with a transfer of real estate into a trust?
Report an Error
An in terrorem clause
A due on sale clause
A power of sale clause
There is no provision that will provide a problem
Answers
The provision in a mortgage that may pose a problem with a transfer of real estate into a trust is the "due on sale clause." The Option B.
Which provision in a mortgage may pose a problem?The "due on sale clause" in a mortgage may create issues when transferring real estate into a trust. This clause typically allows the lender to demand full repayment of the mortgage if the property is sold or transferred without the lender's consent.
When a property is transferred into a trust, it effectively changes ownership triggering the due on sale clause. As a result, the lender may require immediate repayment of the outstanding mortgage balance, which can complicate the transfer process and create financial difficulties for the trust or the parties involved in the transfer.
Read more about real estate
brainly.com/question/1534216
#SPJ1
Four years ago, a company issued a fully amortizing annual-pay bond with a maturity of six years. the appropriate balance sheet treatment of this security is to record the liability as:_____.
Answers
Four years ago, a company issued a fully amortizing annual-pay bond with a maturity of six years. the appropriate balance sheet treatment of this security is to record the liability as a long-term liability.
What are long-term liabilities?
Long-term liabilities are monies owing by a corporation to third parties that are due after a year, also referred to as long-term debts. This distinguishes them from current liabilities, which must be paid off within a year for a business. The balance sheet shows both current liabilities and long-term liabilities.
What is purpose of balance sheet?
A balance sheet can be used to rapidly obtain an overview of your company's financial situation at any given time. With the use of a balance sheet, income statement, and cash flow statement, business leaders can assess the financial standing of their company.
Learn more about balance sheet: https://brainly.com/question/26323001
#SPJ4
Which phrase best describes the purpose of a slide master? Check all that apply.
A. to determine the layout for each individual slide in a presentation
B. to allow users to give each slide in a presentation a unique look and feel
C. to establish the layout of all slides, or a group of slides, in a presentation
D. to determine the theme of all slides, or a group of slides, in a presentation
E. to set the thematic characteristics of each individual slide in a presentation
F. to allow users to apply changes in layout or theme to an entire presentation
Answers
Answer: to establish the layout of all slides, or a group of slides, in a presentation.
to determine the theme of all slides, or a group of slides, in a presentation.
to allow users to apply changes in layout or theme to an entire presentation.
Explanation:
It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.
The phrase best describes the purpose of a slide master include:
• to establish the layout of all slides, or a group of slides, in a presentation.
• to determine the theme of all slides, or a group of slides, in a presentation.
• to allow users to apply changes in layout or theme to an entire presentation.
Therefore, the correct options are C, D and F.
Answer:
C
D
F
Explanation:
edge
How are volatility and risk related in an investment?
A.
a volatile investment is less risky
B.
a volatile investment is more risky
C.
volatility and risk are not related
Answers
The terms volatility and risk are related in an investment because a volatile investment is more risky. The Option B is correct.
What is a volatile investment?Basically, the term volatility describes when a market or security experiences periods of unpredictable and sometimes sharp, price movements. Most People often think of volatility only when prices fall, however volatility can also refer to sudden price rises too.
Most of the Increased market volatility are caused by economic or policy factors including changes in other markets, interest rate hikes, and the Fed's current monetary policy. A political instability can also lead to market volatility.
Read more about volatile investment
brainly.com/question/4910609
#SPJ1
mountain outfitters is a large company that manufactures durable outdoor clothing. the company has stock that anyone can buy, sell, or trade, but since it is a large company, its stockholders are far removed from its management. what type of business is this?
Answers
The mountain outfitters company is the type of a public corporation. It is because they are has stock that anyone can buy, sell, or trade.
In economic and business, a public corporation generally can be defined as a corporation, that owned and operated by a government, established for the administration of certain public programs. municipal corporation. The most important characteristic of public corporations is usually have many shares, which are sold to the public or traded on a stock exchange. There are several types of corporations, such as a sole proprietorship, a Limited Liability Company ( or also known as LLC), an S-Corporation ( or also known as S-Corp), and a C-Corporation ( or also known as C-Corp).
Here you can learn more about public corporation https://brainly.com/question/12951375
#SPJ4
a producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
Answers
A producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
A standard deviation (or σ) is a degree of the way dispersed the information is when it comes to the imply. Low general deviation means statistics are clustered around the mean, and high popular deviation shows statistics are more unfold out.
Learn more standard deviation here:-
https://brainly.com/question/475676
#SPJ4
Leila has a table in a spreadsheet she wants to format. Which options will allow her to format the table without changing its content?
Answers
Answer:
All of them, except "Find and replace, Text."
Explanation:
What are the 5 main types in the chart of accounts?
Answers
PLEASE PROVIDE STEP BY STEP CALCULATION FOR THIS QUESTION.TQ Anna and Bob have decided to buy an apartment. The cost of the apartment is RM150,000. They can get a 25-year mortgage at 8% and plan to make a down payment of 20% of the selling price. What will be their monthly mortgage payment?
Answers
Anna and Bob will have 828,52 as a mortgage payment.
Given that The cost of the apartment is RM150,000They can get a 25-year mortgage at 8%They plan to make a down payment of 20% of the selling price We need to find their monthly mortgage payment.
Let's first calculate the down payment made by Anna and Bob.
Amount of the down payment = 20% of the selling price
Down payment = 20% of RM150,000
Down payment = (20/100) * 150,000
Down payment = 30,000.
Now, the mortgage amount is calculated as the difference between the cost of the apartment and the down payment.
Mortgage amount = Cost of the apartment - Down payment
Mortgage amount = 150,000 - 30,000
Mortgage amount = 120,000.
The loan term is 25 years, which means there will be 12 * 25 = 300 monthly payments. Now, we can use the formula for monthly payment on mortgage which is given as,
P = L[c(1 + c)n]/[(1 + c)n - 1]
where, P = monthly payment, L = Loan amount
c = interest rate / 12n = total number of payments
Putting the given values, we get P = 120,000[0.08/12(1 + 0.08/12)^300]/[(1 + 0.08/12)^300 - 1]
P = 828.52.
Therefore, Anna and Bob will have 828,52 as a mortgage payment.
To know more about mortgage refer here: https://brainly.com/question/31112455#
#SPJ11
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answers
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
what is qbasic program
Answers
Answer:
structured programming language :)
Explanation:
Answer:
structured
Explanation:
Is a travel agent a part of the primary, secondary or tertiary sector?
Answers
a travel agent is a secondary sector
if a bank has a capital to asset ratio of 0.1 and a return on equity of 10%, what is its return on assets?
Answers
If a bank has a capital to asset ratio of 0.1 and a return on equity of 10%, its return on assets will be 1%.
Return on assets (ROA) = Net Income / Total Assets. The capital to asset ratio is the total capital to total assets ratio, and it represents the amount of leverage used by a bank. A lower capital-to-asset ratio is desirable since it allows for a greater amount of asset investments. A return on equity (ROE) is the amount of net income generated by a business, divided by its shareholder equity.
ROE provides a measure of a company's profitability based on its shareholder's capital contribution. Return on equity (ROE) = Net Income / Shareholders Equity. We can calculate the return on assets (ROA).
ROE = Net Income / Shareholders Equity
10% = Net Income / Shareholders Equity (Equation 1)
ROA = Net Income / Total Assets
We need to calculate Net Income and Total Assets: Total Assets = Shareholders Equity / Capital to Asset Ratio
= Shareholders Equity / 0.1 (Equation 2)
Net Income = ROE * Shareholders Equity= 0.1 * Shareholders Equity (from Equation 1)
We can replace Net Income and Total Assets in (Equation 3)
ROA = Net Income / Total Assets= 0.1 * Shareholders Equity / Shareholders Equity / 0.1= 0.1 / 0.1= 1%
To know more about return on assets, refer here:
https://brainly.com/question/31080458#
#SPJ11
If a firm belives tht some of its debtors may default and it should act on this by making sure tht all possible losses are recorded in the books this is an example of which concept
Answers
Answer: Conservatism
Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.