Terra Corporation, a calendar-year taxpayer, purchases and places into service machinery with a 7-year life that cost $157,000. The mid-quarter convention does not apply, and the property is not eligible for bonus depreciation. Terra elects to depreciate the maximum under Sec. 179. Terra’s taxable income for the year before the Sec. 179 deduction is $700,000. What Terra’s total depreciation deduction related to this property?
3) Here are data on two companies. The T-bill rate is 4% and the market risk premium is 6%.Company Company $1Discount storeDiscount store Everything $5Forecasted return 12.0% 11%Standard deviation of return 8.0% 10%Beta 1.5 1What would be the fair return for each company, according to the capital asset pricing model (CAPM)?
cases carefully and used to write the memo. you can find all these casesin west law, if you don’t find it email me so I will attached to you.Please READ IT CAREFULLY and after that write the memo and you have to use all the rules inblue book when you write the memo22 U.S.C. §…
Search Warrant in Drug InvestigationsThe purpose of the search warrant in drug investigations is to gain judicial authorization to enter a place where drugs were purchased, with the intent to seize the drugs and related items, and to arrest the suspect. Based on your research and review, identify and describe the basic elements of an…
20. The usual response of the banking system to new government regulations isA) to ignore it.B) an attempt to circumvent the regulations through financial innovation.C) evasion through whatever means are necessary.D) strict compliance.21. The weakness of the Fed’s actions during the banking crisis of the early 1930s resulted inA) a change in the law restricting…
Assgnmt 3.pdfEach identical consumer has the following demand for golf, q = 100-p, where q is the number of rounds of golf played per year and p is the price per round. The only golf course in an isolated town incurs a marginal cost of $10 per round of golf, which is equal to its…
Changes in the earth’s rotation are exceedingly small. However, a very long-term trend could be important. (Reference: Journal of Astronomy, Vol. 57, pp. 125-146.) Let I represent an increase and D a decrease in the rate of the earth’s rotation. The following sequence represents historical increases and decreases measured every consecutive fifth year.DDDDDDDDDDDDDIIIIIIIIIIDIIIIIa) Test the…
