On January 1, 2018, ARRC issued no par common stock for $ 400 comma 000. b. Early in January, ARRC made the following cash payments: 1. For store fixtures, $ 47 comma 000 2. For merchandise inventory, $ 330 comma 000 3. For rent expense on a store building, $ 16 comma 000 c. Later in the year, ARRC purchased merchandise inventory on account for $ 234 comma 000. Before year-end, ARRC paid $ 154 comma 000 of this accounts payable. d. During 2018, ARRC sold 2 comma 000 units of merchandise inventory for $ 425 each. Before year-end, the company collected 95% of this amount. Cost of goods sold for the year was $ 300 comma 000, and ending merchandise inventory totaled $ 264 comma 000. e. The store employs three people. The combined annual payroll is $ 88 comma 000, of which ARRC still owes $ 2 comma 000 at year-end. f. At the end of the year, ARRC paid income tax of $ 19 comma 000. There are no income taxes payable. g. Late in 2018, ARRC paid cash dividends of $ 36 comma 000. h. For store fixtures, ARRC uses the straight-line depreciation method, over five years, with zero residual value.

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness