subject
Business, 09.04.2021 04:30 makaylacroy02

A company which uses the MACRS system of depreciation:. a. can depreciate the cost of land, if it so desires.
b. cannot expense any of the cost of a new asset during the first year of the asset's life.
c. will have equal depreciation costs each year of an asset's life.
d. will have the highest depreciation in the first year.
e. will write off the entire cost of an asset over the asset's class life.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:30
Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
question
Business, 22.06.2019 14:50
One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 2
question
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
question
Business, 22.06.2019 19:50
Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?
Answers: 2
You know the right answer?
A company which uses the MACRS system of depreciation:. a. can depreciate the cost of land, if it s...
Questions
question
Mathematics, 05.05.2020 09:07
Questions on the website: 13722363