The life of a toaster oven is 8 years. The original cost of the toaster oven was $200 and the salvage value was $75. What is the third-year depreciation?
$29.17;
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Disciples of the positivist school would argue that when Congress has not acted on a matter, the Supreme Court has no power to act on that matter
Indicate whether the statement is true or false
Janet's husband, John, is called for jury duty and is selected for possible service on a jury. However, when he is questioned by the defendant's attorney before final jury selection, he admits that he thinks the defendant is guilty based on the news reports that he saw on the local television news. The defendant asks the judge to excuse John from serving on the jury and the judge agrees. This is:
a. a valid challenge for cause. b. a valid peremptory challenge. c. not a valid challenge. d. a valid challenge, but the plaintiff's attorney can have John serve by making an offer of proof to the judge.
Match the term with the entity to which it applies.
A. Not a separate entity B. Separate entity that never pays income taxes C. Owner basis adjusted for liabilities D. Dividends-received deduction E. Double taxation F. Losses flow-through limited to basis plus the amount of any direct loans
As a strategic leader, what actions could you take to establish and emphasize ethical practices in your firm?
What will be an ideal response?