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jek_recluse [69]
2 years ago
8

On June 5, 2017, Javier Sanchez purchased and placed in service a 7-year class asset costing $560,000 for use in his landscaping

business, which he operates as a single member LLC (Sanchez Landscaping LLC). During 2017, his business generated a net income of $945,780 before any § 179 immediate expense election. Determine the maximum deductions (including first year additional depreciation) that Javier Sanchez can claim with respect to this asset in 2017 and 2018. If required round your intermediate computations and final answers to the nearest dollar. Click here to access the depreciation table to use for this problem. The maximum § 179 for 2017 is $510,000 and the reduction threshold is $2,030,000.a. Javier Sanchez's total cost recovery deduction in 2017 is $_____ and $_____ in 2018 .b. Complete Javier's Form 4562 (page 1) for 2017. If an amount is zero, enter "0". Enter amounts as positive numbers.
Business
1 answer:
bogdanovich [222]2 years ago
3 0

Answer:

A.$538,573 and $6,123

B.Check below

Explanation:

A.

Sanchez's total cost recovery deduction in 2017 is $538,573 and $6,123

B.

Section 179 expense$510,000

Additional first-year depreciation 25,000

[($560,000 – $510,000) × .50]

($50,000×.50)

2017 Cost recovery (MACRS ) 3,573

[($560,000 – $510,000 – $25,000) × .1429

(25,000×.1429)

2017 Total deduction$538,573

($510,000+$25,000+$3,573)

2018 Cost recovery (MACRS ) 6,123

[($560,000 – $510,000 – $25,000) × .2449

(25,000×.2449)

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Answer:

All the answers to questions are given below:-

Explanation:

Answer1):- Its healthcare sector involves providing quality healthcare services to consumers and patients, invests throughout the production of new tools and innovations that promote medical services and provide opportunities to the community area. It makes computerized information system development to be non-core competency for the healthcare industry. It makes the healthcare industry less proactive in its development, because the quality of healthcare services may not improve. The computerized information system, however, offers transparency, electronic reporting, and data exchange that typically benefits patients or customers rather than service providers. It also makes the industry less competitive but the trend is evolving and it is also being implemented proactively by organizations.

You can shift your view with the following initiatives: -

  • Bypassing a regulation to make computerized information system compulsory for the organizations in the industry within their organization.
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  • Encouraging the industry to also provide facilities in remote areas that require the computerized information system to process data rapidly.
  • Spreading awareness and convincing organizations about the importance of transparency, ethical behavior, safe and rapid information processing through the information system.

Answer2):- EDI, e-commerce, and e-health definitions are interrelated, as explained below:-

  • Together this electronic information focuses on business transactions.
  • The numerical research can be carried out by means of EDI, e-commerce, and e-health. So that this helps to grasp the analysis of the possibilities.
  • The creation of software can be done which leads the company to save its data and information through EDI, e-commerce, and e-health.
  • Technology and innovation could well impact through to the achievement of EDI, e-commerce, and e-health integration.

Answer3):-  Increased use of computerized health-care protocols is:-

  • Precision and accuracy:-The computer-based protocol is better than human and manual work because it does the work with the necessary accuracy (the right solution) and consistency (the same result every time). This means that the treatments for every patient seeking treatment are the same. The facility will begin work on six sigma levels early.
  • Doing the right thing at right time, every time:- Since devices that are backed up by computers and associated protocol have an attached server, they can produce a lot of customer-related data, thereby helping to have the best solution at all times.
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  • Continuous control mechanism:- The computer-based protocols can track the patient's progress in a better way and can intimate the caregiver to take appropriate action if and when necessary. This ensures that quality treatment is provided.
  • The lower cost involved:- Initially, computer-based protocols have to be installed and thus have a fixed one-time cost, unlike monthly care costs such as carers' salaries.

Answer4):- It's the public key infrastructure that is a structure used only to create, store, and distribute certificate authority to confirm that a particular biometric system belongs to a specific entity.

Healthcare providers often need medicine and direct information about health. Medical conditions among patients and families are often a cause of pride anxiety. To provide outstanding patient service, medical service professionals must always see their clients as individual beings.

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Failure to have an IS plan can result in errors or complete implementation failure of an IS network. The IS forum is useless unless properly understood and implemented. Therefore the tasks performed by the healthcare environment information system can only be effectively performed if it has a plan based on it.

Answer6):- Strategic Information System is an information system designed to ensure the seamless flow of information between the different entities of an organization. This offers the other companies a profitable Adventure.

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3 0
1 year ago
Dianne Doolittle wants to download an itemized invoice for the QuickBooks Online subscriptions on her wholesale billing account
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Answer:. CSV and PDF

Explanation:

QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.

The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.

When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.

6 0
1 year ago
In a survey undertaken by a university to gauge student satisfaction in its online MBA program, one question asked students to i
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Answer:

C. This variable is categorical

Explanation:

A categorical or discrete variable is one that has two or more categories (values).  There are two types of categorical variable, nominal and ordinal.  

A nominal variable has no intrinsic ordering to its categories. For example, gender is a categorical variable having two categories (male and female) with no intrinsic ordering to the categories.

An ordinal variable has a clear ordering. For example, temperature as a variable with three orderly categories (low, medium and high).

Hence, the variables used in this scenario is an ordinal variable because it has a clear ordering.

5 0
2 years ago
ZigZag Cola produces a​ lemon-lime soda. The production process starts with workers mixing the lemon syrup and lime flavors in a
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Answer:

Zig Zag Cola

1. Classification of costs according to their category in the value chain:

a. Inbound logistics (relationship with suppliers):

New recipe                                       $ 1,300

Lime flavoring                                   $ 1,180

Bottles                                              $ 1,040

Salt                                                        $ 50

Lemon syrup                                 $ 16,000

Freight-in on materials                  $ 2,000

Total cost of Inbound logistics = $21,500

b. Operations:

Wages of workers who mix syrup     $ 7,800

Plant janitors' wages                             $ 900

Plant utilities                                          $ 650

Rearranging plant layout                    $ 1,600

Depreciation on plant & equipment $ 2,700

Total cost of Operations =               $13,650

c. Outbound logistics:

Delivery truck drivers' wages     $ 275

Depreciation on delivery trucks  $ 175

Total outbound logistics cost     $450

d. Marketing and sales:

Customer hotline                           $ 180

Sales commissions                       $ 325

Sales coupons for customers      $ 770

Total marketing and sales cost $1,275

e. Service:

Customer hotline                         $ 180

Sales coupons for customers     $ 770

Product Replacement                   $ 70

Total costs of Services            $1,020

2. Subcategories of Production Costs:

Direct Materials:

New recipe        $ 1,300

Lime flavoring    $ 1,180

Bottles               $ 1,040

Salt                         $ 50

Lemon syrup  $ 16,000

Freight-in

on materials   $ 2,000

Cost of materials $21,500

Direct Labor:

Wages of workers who mix syrup $ 7,800

Total cost of direct labor                $ 7,800

Manufacturing Overheads:

Plant janitors' wages                             $ 900

Plant utilities                                          $ 650

Rearranging plant layout                    $ 1,600

Depreciation on plant & equipment  $ 2,700

Total Overheads                                  $ 5,85

Explanation:

a) Data and Calculations:

Costs incurred (in thousands)

Direct Materials:

New recipe        $ 1,300

Lime flavoring    $ 1,180

Bottles               $ 1,040

Salt                         $ 50

Lemon syrup  $ 16,000

Freight-in

on materials   $ 2,000

Cost of materials $21,500

Direct Labor:

Wages of workers who mix syrup $ 7,800

Total cost of direct labor                $ 7,800

Manufacturing Overheads:

Plant janitors' wages                             $ 900

Plant utilities                                          $ 650

Rearranging plant layout                    $ 1,600

Depreciation on plant & equipment $ 2,700

Overheads                                         $ 5,850

Selling and Distribution Expenses:

Depreciation on delivery trucks  $ 175

Delivery truck drivers' wages     $ 275

Sales commissions                      $ 325

Customer hotline                         $ 180

Sales coupons for customers     $ 770

Product Replacement                   $ 70

Selling and Distribution costs   $1,795

b) ZigZag's value chain activities, according to Michael Porter, include inbound logistics, operations, outbound logistics, marketing and sales, and service. These activities create value that exceeds their cost for the purpose of generating a higher profit.  In a similar way, ZigZag's production costs can be categorized into direct materials, direct labor, and manufacturing overhead.

3 0
2 years ago
Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M
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Answer:

<u>B, D</u>

Explanation:

1. Alex may be favoured in court if it was proven that Alex had signed the covenant not to compete in by force or else he would have been immediately fired from MyWaze. Then he may likely gain victory.

2. The second scenario, if Alex was involved in job at Google that wasn't going to compete with MyWaze;  that is rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system. Since the email system does not have any competition with a GPS app he may be favoured.

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