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A piece of equipment used for research is purchased for $870,000 and is to be depreciated over a specific period of time. If the salvage value at the end of its depreciable life is $50,000, show the yearly depreciation using:
a) Straight line method (use the number of letters in your first name for the number of years. if your first name has less than 5 letters, add 5 to it for the depreciable life)
b) Double declining balance method (use the number of letters in your first name for the number of years..... if your first name has less than 5 letters, add 5 to it for the depreciable life)
c) MACRS method (use the appropriate property class for the depreciable life) Why would you choose one method over another?
Your son is graduating from high school and is about to enter the work force. He has developed a strong curiosity about our economic system and how it works. Because you have a good understanding of basic economics, he has asked you to explain..
An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bicycles.
Elucidate what determines the rate of inflation when the economy is at long-run equilibrium.
Relationship among consumption expenditures and inventories as well as their interdependence, and think in terms of the Multiplier.
Sketch a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
Discuss the advantages and disadvantages of adjustable-rate versus fixed-rate mortgages?
Illustrate what are the basic provisions of a collective bargaining agreement. Explain the differences between meditation and arbitration.
imply a lower standard of living in every of the three nations compared to the situation where they are united into a single new country.
How does this proposed tax hike affect the social cost of gasoline consumption in the short-run In the long-run d. Do you support this proposed tax hike If yes defend your position If not provide an alternative policy (Answer as an economists, n..
What is meant by the Golden Rule and use the Mankiw Golden Rule graph to discuss whether this increase in the US s would have any effect on the GR variables of interest.
One supply-side measure introduced by the ReaganAdministration was a cut in income tax rates. Use an aggregatedemand/aggregate supply diagram to show what effect was intended.What might happen if such a tax cut also shifted the aggregatedemand cur..
Nancy Tai has recently opened a revolving charge account with MasterCard. Her credit limit is $1000, but she has not charged that much since starting the account.
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