Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 05, 2024

A $ 8 5 , 0 0 0 asset was purchased and classified as for a CCA rate of 3 0 % . What is

A $

85, 000

asset was purchased and classified as for a CCA rate of

30 % .

What is the UCC for the end of year

3 ?

Multiple Choice

37, 478

35, 403

29, 750

25, 963

15, 173

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Understand Business Finance

Authors: Bob Cinnamon, Brian Helweg-Larsen

2nd Edition

0749460202, 978-0749460204

More Books

Students also viewed these Finance questions

Question

★★★★★

Clarion Manufacturing Company is a publicly held company that is engaged in the manufacture of home and office furniture. The firms most recent income statement and balance sheet are found below. a....

Answered: 1 week ago

Question

★★★★★

Based on the material covered in this chapter, what questions would you ask the firms founders before making your funding decision? What answer would satisfy you? Business Idea: Develop a custom-made...

Answered: 1 week ago

Question

★★★★★

8.96 Ethnic Cuisine Ethnic groups in North America buy differing amounts of various food prod- ucts because of their ethnic cuisine. Asians buy fewer canned vegetables than do other groups, and...

Answered: 1 week ago

Question

★★★★★

Andular Financial Services was organized on April 1 of the current year. On April 2, Andular prepaid $9,000 to the city for taxes (license fees) for the next 12 months and debited the prepaid taxes...

Answered: 1 week ago

Question

★★★★★

A Construction Company undertook a contract for the construction of a building. The contract price was Rs.2,50,000 and the contract was commenced on 1st April, 2022. The following expenses were...

Answered: 1 week ago

Question

★★★★★

3. The Voltage and Current relationship for a capacitor is given by the following equation: 1/jwC i(t) = C dv(t) dt where C = 0.8 F and v(t) = sin(5t + n/2) A. Write a MATLAB program that plots v(t)...

Answered: 1 week ago

Question

★★★★★

SCMP Module 5, Module Culminating Assignment. (MCA) Workplace review in a case study format for the given below topics (from executive summary to monitor and control). As the focus is on strategic...

Answered: 1 week ago

Question

★★★★★

1. Referring to Exhibit 4, compute the annual percentage change in net income per common share-diluted (second numerical line from the bottom) for 1998-1999, 1999-2000, and 2000- 2001. Date Range...

Answered: 1 week ago

Question

★★★★★

tony soprano, leader of the soprano crime syndicate of NJ, waskilled by one of his own henchmen. detective vine interviews themen and determines that all were lying except for one, based onwhat he...

Answered: 1 week ago

Question

★★★★★

Tesar Chemicals is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO believes the IRR is the best...

Answered: 1 week ago

Question

★★★★★

Which statement about Pay What You Want ( PWYW ) pricing strategy below is CORRECT? 1 point In this strategy, customers will receive a product or service as long as they pay something. A firm using...

Answered: 1 week ago

Question

★★★★★

Describe three situations that would require a businessperson to use the direct plan for a negative message. (Objective 6)

Answered: 1 week ago

Question

★★★★★

Explain the placement of the logical explanation and the negative news if a message follows the direct plan. (Objective 5)

Answered: 1 week ago

Question

★★★★★

List and discuss the five major parts of the indirect plan outline and guidelines for developing each part. (Objective 3)

Answered: 1 week ago

Previous Question Next Question