subject
Business, 23.10.2019 23:00 michaela134

Rex's wrecks purchased $1,251,000 in new equipment during 2019. rex wants to use section 179 to expense the maximum amount of the purchase. if rex is not using bonus depreciation, how much will rex get to expense under section 179 and what will be the adjusted basis of the assets for calculating macrs depreciation expense?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
question
Business, 22.06.2019 19:00
Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.
Answers: 2
question
Business, 22.06.2019 22:20
Which of the following is one disadvantage of renting a place to live compared to buying a home? a. tenants have to pay for all repairs to the building. b. the landlord covers the expenses of maintaining the property. c. residents can't alter their living space without permission. d. rent is generally more than monthly mortgage payments.
Answers: 1
question
Business, 23.06.2019 00:00
What is a uniform law adopted by all states that facilitates business transactions?
Answers: 1
You know the right answer?
Rex's wrecks purchased $1,251,000 in new equipment during 2019. rex wants to use section 179 to expe...
Questions
question
SAT, 28.10.2020 04:10
question
Mathematics, 28.10.2020 04:10
question
Mathematics, 28.10.2020 04:10
question
Geography, 28.10.2020 04:10
question
Mathematics, 28.10.2020 04:10
question
English, 28.10.2020 04:10