Answer:
The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.
Explanation:
The depreciation cost per unit is computed as:
Depreciable asset = Cost - Salvage Value
= $205,860 - $7,900
= $197,960
Depreciation per unit = Depreciable asset /Useful life expected value
= $197,960 / 141,400
= $1.4
Therefore, the per unit cost is $1.4
Answer:
Present value of Liability is $59,989
Explanation:
Money does not have the same value in future as it has today. The present value calculates the today's value of any that cash flow will be made in future.
Liability = FV = $398,930
Number of years = n = 28 years
Discount rate = r = 7%
Present value = FV / ( 1 + r )^n
Present value = $398,930 / ( 1 + 0.07 )^28
Present value = $398,930 / 6.65
Present value = $59,989.47
Answer:
1. To determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.
2. Ordinary income of $60,000
Explanation:
1. Based on the information given the factors that she should consider in order to determine the amount as well as the character of her income from these circumstances is to determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.
b. Based on the information given we were told that the tenant paid her the amount of $60,000 in order to cancel its obligations under the lease which means that the amount and character of her income from the cancelled lease will be ORDINARY INCOME of the amount of $60,000 which we were told the tenant paid her in order to cancel its obligations under the lease.
<span>The court should rule in favor of the company, given clearly outlined policies and a counseling session. Documentation and expectations were stated, and the behavior continued beyond the counseling session. Monitoring her behavior as indicated seemed within the company's discretion.</span>
Answer:
Free slack.
Explanation:
In project management, free slack refers to the amount of time that a certain task can be delayed and not affect the completion time of the general project. Slack time can be considered "just in case" time, because even though delays should be minimized, rarely you can eliminate them completely, and slack time gives you a little extra room for managing projects.
In this case, the free slack time is 10 days, and this delay will consume 9 of them.