subject
Business, 07.10.2021 04:30 davidvickery6656

San Diego, Inc. purchased a machine at a cost of $300,000. The installation cost for this equipment was $25,000. The firm plans to depreciate the equipment using the MACRS 5-year normal recovery period. Depreciation percentages by recovery year using MACRS for the five-year property class are as followed: year 1: 20%; year 2: 32%; year 3: 19%; year 4: 12%; year 5: 12%; and year 6: 5%. What is the depreciation expense in year 3

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:40
Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.
Answers: 3
question
Business, 21.06.2019 21:00
Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.
Answers: 1
question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 3
question
Business, 22.06.2019 14:50
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
You know the right answer?
San Diego, Inc. purchased a machine at a cost of $300,000. The installation cost for this equipment...
Questions
question
Mathematics, 09.04.2021 01:00
question
Biology, 09.04.2021 01:00
question
Mathematics, 09.04.2021 01:00
question
Mathematics, 09.04.2021 01:00
question
Mathematics, 09.04.2021 01:00
question
Mathematics, 09.04.2021 01:00
Questions on the website: 13722360