Richland Company purchased an asset in 2016 for $50,000 and sold it in 2019. The asset was 7-year recovery property. Richland's 2019 MACRS depreciation on the asset was $6,245.
Answer the following statement true (T) or false (F)
False
MACRS depreciation was $3,123 ([$50,000 × 12.49%] × 50% [half-year]).
You might also like to view...
Alan is a freshman in the computer science department. One of his professors embarrassed him in class and mocked him, saying that Alan will never be as good as she is with computers. In order to prove the professor wrong, Alan decided to break into the main computer at the Department of Defense and leave a note saying the professor is a spy. Alan hacked into the computer and left the message. He designed the message to erase itself after 13 hours, leaving no trail or damage to the computer. If Alan is discovered to be the hacker, has he committed a crime? Explain.
What will be an ideal response?
In computerized systems, posting occurs instantly and automatically after journalizing
Indicate whether the statement is true or false
Organizations that employ professional lobbyists at the federal level MUST meet the requirements of ______.
A. the Advocacy Act B. Public Law 94–455 C. the Civil Rights Act D. the Lobbying Disclosure Act
Mintzberg ___________ rational planning approaches to strategy.
a. Favoured b. Used c. Criticized d. Feared