Answer:
2273
Explanation:
In this question, we are asked to calculate Tom Tom’s maximum depreciation for this first year.
The term maximum depreciation is accounting principle talks about to what extent has the value of an asset been used.
To calculate his maximum depreciation, we need to be conversant with some conventions. The mid-month convention is what we need to understand here. What the convention assumes is that an asset which is placed into service during a given month is assumed to have been placed into
Such service at the middle of such month in question. Also, it is also assumed that disposing an asset at the beginning of one month or any other time of the month is same as disposing the said asset at the middle of the month. This is what the mid month convention is talking about.
It must also be noted that Residential property has a 27.5-year recovery period. The depreciation is thus $2,273 ($100,000 x 2.273%). This gives us the value of the maximum depreciation
National Federation of Independent Business v. Sebelius is a landmark case in the United States Supreme Court that dealt with the constitutionality of the Affordable Care Act (ACA) of 2010, also known as Obamacare.
The case was brought by a group of small business owners who argued that the individual mandate, which required individuals to purchase health insurance or pay a penalty, was unconstitutional.In a 5-4 decision, the Supreme Court upheld the constitutionality of the ACA but ruled that the federal government could not withhold Medicaid funding from states that chose not to expand their Medicaid programs under the ACA.
The court also limited the reach of the Commerce Clause of the Constitution, which was used to justify the individual mandate.The case had significant implications for healthcare policy and constitutional law in the United States. It cemented the ACA as a cornerstone of American healthcare policy and established limits on the federal government's power to regulate commerce.
To know more about Obamacare click here
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Answer:
1
Explanation:
a market is a place is the point of interaction between buyers and sellers
Answer:The expected rate of return on a bond is the total return that an investor can expect to receive from holding the bond. To calculate the expected rate of return, we need to consider both the interest payments and any capital gains or losses from buying the bond at a discount or premium.
In this case, the bond is selling at a discount of $15 ($1,000 - $985). Since the bond pays 6 percent annual interest semiannually, it means that the bond pays $30 ($1,000 x 6% / 2) in interest every year.
To calculate the expected rate of return, we need to add the interest payment to the capital gain or loss. The capital gain or loss is the difference between the face value ($1,000) and the selling price ($985). In this case, the capital loss is $15.
So, the total return on the bond is the sum of the interest payment and the capital gain or loss: $30 + (-$15) = $15.
To calculate the expected rate of return, we divide the total return by the selling price of the bond and multiply by 100 to get a percentage. In this case, the expected rate of return is ($15 / $985) x 100 = 1.52%.
Therefore, the bond's expected rate of return is 1.52%.
ᕙ༼◕ ᴥ ◕༽ᕗ Hope this helps
B. When making a decision, every trade-off is an opportunity cost.
C. Every decision has at least two opportunity costs.
D. Every ordinary decision we make involves an opportunity cost.
D ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, GRADPOINT