Renata Corporation purchased equipment in 2018 for $328,400 and has taken $147,780 of regular MACRS depreciation. Renata Corporation sells the equipment in 2020 for $197,040.What is the amount and character of Renata's gain or loss?

Answers

Answer 1

The gain Renata Corporation got from the sale of equipment is $16420

The tax depreciation method used in the United States is called MACRS, or Modified Accelerated Cost Recovery System. In other words, the method used to determine your business's tax deductions based on the depreciation of your tangible (depreciable) assets is known as MACRS depreciation.

Equipment Book value =

Purchase price - MACRS depreciation

= $328, 400 - $147,780

=$1,80,620

Gain = sale price - Book value

= $197, 040 - $180620

=$ 16420

Gain up to total depreciation is to be treated as ordinary income, that is up to $147, 780. since the gain is $16,420 within depreciation, it is treated as ordinary income.

Renata Corporation has a gain of $16,420 of which $16, 420 is treated as ordinary income due to the section 1245 recapture

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Related Questions

A researcher wishes to see if there is a difference in the cholesterol levels of two groups of men. A random sample of 30 men between the ages of 25 and 40 is selected and tested, the average cholesterol level was 223 with standard deviation of 6.1. A second sample of 25 men between ages of 41 and 56 is selected and tested, the average cholesterol level for this group was 229 with standard deviation of 5.8. Assume the populations are normally distributed and the population standard deviation are unequal.

A. At [tex]\alpha = 0.01[/tex], is there a difference in the cholesterol levels between the two groups? Use traditional method.

B. Use confidence interval to verify your answers in (A).

Answers

a. There is a difference in the cholesterol levels between the two groups.

b. The confidence interval for the differences is of (1.7, 10.3), not containing 0 and thus verifying what was found in item a.

What are the hypothesis tested?

At the null hypothesis, it is tested that there is no difference, that is, the mean of the subtraction is of zero, hence:

[tex]H_0: \mu_d = 0[/tex]

At the alternative hypothesis, it is tested if there is a difference, that is, the mean of the subtraction is different of zero, hence:

[tex]H_1: \mu_d \neq 0[/tex]

We have a two-tailed test, as we are testing if the mean is different of value, with 30 + 25 - 2 = 53 df, with a significance level of 0.01, hence the critical value is of:

t = 2.6718

Hence the decision rule, considering the test statistic t, is given as follows:

|t| < 2.6718: do not reject the null hypothesis -> not enough evidence to conclude that there is a difference.|t| > 2.6718: reject the null hypothesis -> enough evidence to conclude that there is a difference.

What are the mean and the standard deviation of the distribution of differences?

For each sample, the mean and the standard error are given as follows:

Sample 1: [tex]\mu_1 = 223, s_1 = \frac{6.1}{\sqrt{30}} = 1.1137[/tex].Sample 2: [tex]\mu_2 = 229, s_2 = \frac{5.8}{\sqrt{25}} = 1.16[/tex].

Hence the mean and the standard error for the distribution of differences is given as follows:

Mean: [tex]\overline{x} = \mu_2 - \mu_1 = 229 - 223 = 6[/tex].Standard Error: [tex]s = \sqrt{s_1^2 + s_2^2} = \sqrt{1.1137^2 + 1.16^2} = 1.61[/tex]

What is the test statistic?

The test statistic is obtained as the division of the sample mean by the standard error, hence:

t = 6/1.61

t = 3.73.

t > 2.6718, hence the null hypothesis is rejected, and there is a difference in the cholesterol levels between the two groups.

What is the confidence interval?

The confidence interval is obtained as the sample mean plus/minus the multiplication of the standard error and of the critical value.

Hence the lower bound of the confidence interval is of:

6 - 2.6718 x 1.61 = 1.7.

The upper bound is of:

6 + 2.6718 x 1.61 = 10.3.

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Can someone help me? (again and it wont be the last)

Answers

Answer:  sure I just need to know what you need help with to help you

Step-by-step explanation:

Solve for b.
5/b = 45/36
b = ?

Answers

Answer:

b = 4

Step-by-step explanation:

Step 1: Divide 45 by 36 on the right side

    1. 5/b = 1.25

Step 2: Multiply both sides by b and flip the equation

    2. 1.25b = 5

Step 3: Divide both sides by 1.25

    3. b = 4

[tex]\fbox{b=4}[/tex]

Cross multiply:

[tex]\dfrac{5}{b} =\dfrac{45}{36}[/tex]

[tex](5)\times(36)=45\times(b)[/tex]

[tex]180=45b[/tex]

Flip the equation:

[tex]45b=180[/tex]

Divide both sides by 45:

[tex]\dfrac{45b}{45} =\dfrac{180}{45}[/tex]

[tex]b=4[/tex]

HELP!!! My question is "determine whether each ratio is equivalent to 1/2 3/9 or 5/7. Thee ratios are : 2/6,3/6,5/10,10/14,50/100,20/28,1/3,8/24. please show how to do the work with the answer!!​

Answers

Answers:

Ratios equivalent to 1/2 are...

3/65/1050/100

Ratios equivalent to 3/9 are...

2/61/38/24

Ratios equivalent to 5/7 are...

10/1420/28

===============================================

Explanation:

Let's see if 2/6 is equivalent to 1/2. For now, let's assume they are equal fractions. If so, then,

2/6 = 1/2

2*2 = 6*1 ... cross multiplying

4 = 6

The last equation is of course false, which then causes a domino effect to make the first equation false as well. This means 2/6 is not equivalent to 1/2.

You can use a calculator to find that

2/6 = 0.3333 approximately1/2 = 0.5 exactly

Which is another way to see how the fractions aren't the same.

----------------

Let's check to see if 2/6 is equivalent to 3/9.

2/6 = 3/9

2*9 = 6*3 ... cross multiplying

18 = 18

We get the same thing on both sides, which means the third equation is true. By extension, the first equation is true as well. We have shown that 2/6 and 3/9 are equivalent.

Take note how both of those fractions reduce to 1/3, which is another way to see how they are equivalent.

Yet another way is to use a calculator to find that

2/6 = 0.3333...3/9 = 0.3333...

Both approximate decimal values involve '3's going on forever.

Apply any of the methods discussed to check the other values, so you can properly sort each ratio mentioned. Let me know if you have any questions.

nebraska, the home of the amc, changed its license plate scheme. each old license plate consisted of a letter followed by four digits. each new license plate consists of three letters followed by three digits. if $a$ is the number of possible license plates in the old scheme and $b$ is the number of possible license plates in the new scheme, what is the value of $b/a$? express your answer as a decimal to the nearest tenth.

Answers

The value of b/a of the number plates is 0.0

What is decimal?

Decimals with the same number of decimal places are referred to as like decimals (after the decimal point). For instance, because both 2.33 and 4.52 include up to two decimal places, they are similar to decimals. Likely decimals are those that do not have the same number of decimal places (after the decimal point).

What are the 3 types of decimals?

Decimal fractions and recurring (repeating or non-terminating, like) decimals are the three different types of decimals.

According to the above question

26 x 10000 = 260,000

If letter and digit repeats are allowed, the number of license plates that can be created under the new system is (26)3 * 1000 = 17,576, 000.

In other words, 260,000 / 17,576,000 = 0.0148, which, when rounded to the nearest tenth, equals 0!

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Select ALL the correct answers.
The graph shows a linear relationship.



Select all the true statements.

A right triangle with its hypotenuse along the line from (4,2) to (8,4) has legs measuring 4 units and 2 units.
A right triangle with its hypotenuse along the line from (2,1) to (4,2) has legs measuring 3 units and 1 unit.
A right triangle with its hypotenuse along the line from (2,1) to (4,2) has legs measuring 2 units and 1 unit.
A right triangle with its hypotenuse along the line from (2,1) to (6,3) has legs measuring 4 units and 1 unit.
A right triangle with its hypotenuse along the line from (4,2) to (8,4) has legs measuring 4 units and 3 units.

Answers

The true statements regarding the linear function are given as follows:

A right triangle with its hypotenuse along the line from (4,2) to (8,4) has legs measuring 4 units and 2 units.A right triangle with its hypotenuse along the line from (2,1) to (4,2) has legs measuring 2 units and 1 unit.

What is correct regarding the linear function?

The slope-intercept definition of a linear function is given as follows:

y = mx + b.

In which the coefficients of the function are given as follows:

m is the slope of the function, representing the rate of change.b is the y-intercept of the function, representing the value of y when the function crosses the y-axis.

In this problem, the function crosses the y-axis at the origin, hence the intercept is given as follows:

b = 0.

When x increases by one, y increases by 2, hence the slope is of:

m = 2.

Considering the slope, it means that the ratio of the legs of the right triangle with it's hypotenuse along the line is of 2.

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Directions: Graph and label each figure and its image under the rotation about the given point. Give the
coordinates of the image.
Parallelogram ABCD with vertices A(6, 8), B(10, 9), C(9. 3).
and D(5, 2): 90° counterclockwise rotation about P(4, 1)

Answers

Answer:

See below

Step-by-step explanation:

This is a hard to explain without showing you, if it does not make sense it is not you, it is just hard to explain without showing you.

A casino only has red playing chips for $10 each and blue playing chips for $5 each. Jack paid $400 to purchase 50 playing chips at the cashier's window. How many red playing chips were given to him?

Answers

The number of red playing chips that were given to him is 30.

How to calculate the number of red chips?

Let the red chips be illustrated as r.

Let the blue chips be illustrated as b

The appropriate equation to solve the question will be:

r + b = 50.......... i

10r + 5b = 400 ......... ii

From equation i, r = 50 - b.

Put the value of r into equation ii

10r + 5b = 400

10(50 - b) + 5b = 400

500 - 10b + 5b = 400

500 - 5b = 400

Collect like terms

5b = 500 - 400

5b = 100

Divide

b = 100/5

b = 20

Therefore, red chips will be:

r = 50 - b

r = 50 - 20

r = 30

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The graph shows a scatter plot for a set of data. Scatter plot with x-axis labeled year and y-axis labeled megawatts. The 18 points plotted are 1982 and 76.2, 1983 and 50.6, 1984 and 46.4, 1985 and 35.5, 1986 and 31.1, 1987 and 26.1, 1988 and 21, 1989 and 15.6, 1990 and 14.9, 1991 and 13.8, 1992 and 13, 1993 and 13, 1994 and 10, 1995 and 10, 1996 and 7, 1997 and 6.9, 1998 and 6.6, and 1999 and 6.
What type of correlation exists? Is the model linear or non-linear?
The graph shows a negative correlation, and it is a linear model.
The graph shows a positive correlation, and it is a linear model.
The graph shows a negative correlation, and it is a non-linear model.
The graph shows a positive correlation, and it is a non-linear model.

Answers

The graph shows a negative correlation, and it is a non-linear model.

What is positive and negative correlation?

When two variables behave in unison, rising or falling in lockstep with one another, there is a positive correlation. When two variables move in opposition to one another—that is, when one rises, the other falls—this is known as a negative correlation.

As given data from the graph, y values goes decrease with increasing x values.

So, we can conclude that the graph shows a negative correlation.

And, the given data in the graph are not linear.

Hence, the graph shows a negative correlation, and it is a non-linear model.

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Answer:

The graph shows a negative correlation, and it is a non-linear model.

Step-by-step explanation:

What is (-3 3/4) - (-2 1/4)?

Answers

First, you want to rewrite the expression like…
(-15/4) - (-9/4)

Since theres a common denominator, just solve the equation…
-15/4 + 9/4

= -3/2 OR -1 1/2

a researcher studies language development by selecting a sample of two-year-old children and giving them a language skill test. each year for the next two years, the children are brought back and tested again. the researcher plans to compare the children's scores at age two, age three, and age four. this study is an example of a(n) .

Answers

The given study is an example of longitudinal developmental design.

Longitudinal developmental research design  analyzes progress by observing or measuring a group of people over time. As a consequence, it assesses changes in behavior according  to age over time by examining one group of participants of about the same age.

The same people's behavior is examined over time using longitudinal research designs. For instance, using our example of examining the relationship between intellect and aging, a scientist would carry out a longitudinal study to see whether 20-year-olds lose IQ as they get older.

Hence we get the required answer.

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Elsa is a software saleswoman. Her monthly salary is $1500 plus an additional $70 for every copy of History is Fun she sells.
Let S represent her total salary this month (in dollars), and let N represent the number of copies of History is Fun she sells. Write an equation relating S to N, and then graph your equation using the axes below.

Answers

Answer:

Step-by-step explanation:

rawr u fel me

$1500+($70xN)=S
S= total salary
N= number of copies
$1500=monthly salary without additional money
$70=how much money one History is fun sold makes her earn

the mean score of 888 players in a basketball game was 14.514.514, point, 5 points. if the highest individual score is removed, the mean score of the remaining 777 players becomes 121212 points. what was the highest score?

Answers

The highest score is 12794706708

What is mean ?

The average of a set of data is referred to as the mean in statistics and arithmetic. The simple arithmetic mean, geometric mean, and harmonic mean are some of the methods that can be used to calculate the mean. The basic arithmetic mean involves adding the numbers together and dividing the result by the number of observations.

At first (remaining + top player) /888 = 14514514

So remaining + top = 12888888432

Now after removing top

Remaining/777 = 121212

Remaining = 94181724

So top = 12888888432 - 94181724

           = 12794706708

12794706708 is the score of the top player

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use green's theorem to evaluate the line integral along the given positively oriented curve. c cos(y) dx x2 sin(y) dy c is the rectangle with vertices (0, 0), (3, 0), (3, 1), (0, 1)

Answers

30(1-cos2) is the evaluated line integral along the given positively oriented curve.

What is Green's Theorem?

Green's theorem is mostly utilized to evaluate the line integral of a single direction and a curved plane. The link between a line integral and a surface integral is demonstrated by this theorem. It is connected to several theorems, including the Gauss theorem and the Stokes theorem.

To integrate the derivatives in a certain plane, one uses Green's theorem. This thesis can be employed to transform a given line integral into a surface integral, double integral, or conversely.

One of the four calculus foundational theorems, all 4 of whom are intimately connected to one another, is the Green's theorem.

How to solve?

By Green's theorem, we have

∫c (cist dx + x² siny dy ) = ∫∫r [μ(x²siny)/μx - μcosy/μy dxdy

where C is the *boundary* of the rectangle .

The integral is then

=(cos0 -cos2)∫(5,5)(2x +1)dx

=(1-cos2)(5²+5)

=30(1-cos2)

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chegg suppose 60% of all college professors like tennis, 65% like bridge, and 50% like chess; 45% like any given pair of recreations. (a) should you be suspicious if told 20% like all three recreations?

Answers

If you are told 20% of people prefer all three forms of recreation is 60 when 60% of all college professors enjoy tennis, 65% enjoy bridge.

Given that,

Assume that 60% of all college professors enjoy tennis, 65% enjoy bridge, 50% enjoy chess, and 45% enjoy any certain pair of recreational activities.

We have to find if you are told 20% of people prefer all three forms of recreation, should you be suspicious.

We know that,

Let the total professors be  =100

n(tennis) = 60

n( bridege) = 65

n( chess)= 50

n( T U B) = 45, n(BU C) = 45, n(T UC)=45

n( T UBUC)= n(T) + n(B) + n(C) - n( T U B) - n( BU C) - n(TUC) + n(T∩B∩C)

100 = 60 + 65 + 50 - 45-45-45 +n(T∩B∩C)

n(T∩B∩C)=60

Therefore, If you are told 20% of people prefer all three forms of recreation is 60 when 60% of all college professors enjoy tennis, 65% enjoy bridge.

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A rectangular box has a square base. Its height is half the width of the base. Find a function that models its volume v in terms of its width w.

Answers

The function that models the volume of  a rectangular box in terms of width is (lw²)/2.

What is the volume of rectangle-based solids?

The basic formula for volume is length×width, whereas the basic formula for area of a rectangular shape is length×width×height.

Given: The base of a rectangular box is square. Half of the base's width is its height.

Let,

length = w (since it has a square base)

width = w

height = w/2

Volume of a rectangular box = length×width×height

                                               V = w×w×(w/2)

                                            V  = (lw²)/2

Therefore, the function that models the volume of  a rectangular box in terms of width is (lw²)/2.

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The true average diameter of ball bearings of a certain type is supposed to be 0.5 in. A one-sample t test will be carried out to see whether this is the case. What conclusion is appropriate in each of the following situations? (a) n 15 t 1.66 a 0.05 o Reject the null hypothesis. There is sufficient evidence that the true diameter differs from 0.5 in o Reject the null hypothesis. There is not sufficient evidence that the true diameter differs from 0.5 in o Do not reject the null hypothesis. There is sufficient evidence that the true diameter differs from 0.5 in o Do not reject the null hypothesis. There is not sufficient evidence that the true diameter differs from 0.5 in

Answers

The null hypothesis must be rejected as there is enough evidence that the diameter differs from 0.5 inches.

Given values are

The population mean is  0.5 inches

The Null hypothesis is  : H₀ : μ = 0.5 inches

The Alternative hypothesis is  given by Hₐ : μ ≠ 0.5 inches

Now let us consider the parameter given:

sample size is  n =  15  

test statistics is  t =  1.66

The level of significance : α = 0.05

The degree of freedom: df = n-1 = 15 -1 =14

Calculating the critical value : [tex]t_\frac{\alpha}{2} ,df[/tex] = 2.145

We are using the critical value of [tex]t_\frac{\alpha}{2}[/tex] as the test is one-tailed .

Comparing the value of  t and [tex]t_\frac{\alpha}{2}[/tex] we can see that : [tex]t < t_\frac{\alpha}{2}[/tex]

Hence the null hypothesis can be rejected.

Given that the value of t does not fall within the range covered by (i.e., the range from -2.145 to the bottom of the normal distribution curve), we are unable to reject the null hypothesis.

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What multiplication facts can be found by using the arrays for 5x6 and 2x6

Answers

The multiplication of the two arrays will be 360.

What is multiplication?

Multiplication is the process of determining the product of two or more numbers in mathematics. A product, or an expression that specifies factors to be multiplied, is what happens when you multiply two numbers in mathematics.

The given arrays of the numbers are 5x6 and 2x6. The multiplication of the two numbers will be done as,

M = ( 5 x 6 ) x ( 2 x 6 )

Multiply both the numbers and solve,

M = 30 x 12

M = 360

Therefore, the multiplication of the two arrays will be 360.

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Find the volume.
2ft 2ft 2ft

Answers

Answer:

Volume = 2×2×2 = 8 feet3

1/4 t + 4 = 3/4 (t + 8)

Answers

Answer:    T= -4

Step-by-step explanation: Well i guess it would be that ? If it's not sorry but it should be that



Priya and Han each wrote an equation of a line with slope 1/2 that passes through the point (1,2) Priya's equation is y-2=1/3(x-1) and Han's equation is 3y - x = 5. Do you agree with either of them?

Explain or show your reasoning

Answers

Both Priya's equation and Han's equation are wrong . So , I don't agree with either of them

Slope-intercept form of equation of line is y =mx + b

where m is a slope of line

b is y-intercept

According to the question,

Slope of line is given as 1/2

m = 1/2

Putting the value of m in equation of line

y = 1/2 x + b --------(1)

It is given that line(1) passes through (1,2)

so, x = 1 and y = 2

Substituing the value of x and y in equation (1)

2 = 1/2 +b

Multiplying by 2 both sides

4 = 1 + 2b

=> 2b = 3

=> b = 3/2

substituting the value of b

Equation of line is y = 1/2 x + 3/2

=> 2y = x + 3

Therefore, Both Priya's equation and Han's equation are wrong

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consider carrying out m tests of hypotheses based on independent samples, each at significance level (exactly) 0.01. (a) what is the probability of committing at least one type i error when m

Answers

The probability of committing when at least one type I error at a significance level (exactly) 0.01 at m = 11 is equivalent to 0.1047.

Given that:

The hypotheses are based on independent samples with each at a 0.01 level of significance.

We know that:

P (at least one type I error is committed) = 1 - [P (No error -  type I error is committed)]^m

P (at least one type I error is committed) = 1 - [(1 - 0.01)]^11

P (at least one type I error is committed) = 1 - [0.99]^11

P (at least one type I error is committed) = 1 - 0.8953

P (at least one type I error is committed) = 0.1047

So, the probability of committing when at least one type I error is equivalent to 0.1047.

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battery lifetime is normally distributed for large samples. the mean lifetime is 500 days and the standard deviation is 61 days. approximately what percent of batteries have lifetimes more than 561 days ?

Answers

15.87 % percent of batteries have lifetimes more than 561 days.

Given:

battery lifetime is normally distributed for large samples. the mean lifetime is 500 days and the standard deviation is 61 days.

μ = 500

σ = 61

we know that

z = X - μ / σ

z score :

A Z-score is a numerical measurement that describes a value's relationship to the mean of a group of values.

Given X = 561 days

substitute

z = 561 - 500 / 61

= 61 / 61

z = 1

At z = 1 p value is 0.8413

1 - 0.8413 = 0.1587

= 0.1587 * 100 %

= 15.87 %

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A pterodactyl could fly 75 miles in 3 hours. At this rate, how far could a pterodactyl travel in 5 hours?

A pterodactyl could fly 75 miles in 3 hours. At this rate, how far could a pterodactyl travel in 5 hours?

Answers

Answer:

125 miles

Step-by-step explanation:

75/3 to find the distance in 1 hour=25

25x5=125

Answer:

125 miles

Step-by-step explanation:

75/3 to find the distance in 1 hour=25

25x5=125

Benjamin invested $20,000 in an account paying an interest rate of 7&5/8 % compounded monthly. Kehlani invested $20,000 in an account paying an interest rate of 7&3/4 compounded quarterly. After 10 years, how much more money would Kehlani have in her account than Benjamin, to the nearest dollar?

Answers

If Benjamin invested $20,000 in an account paying an interest rate of 7&5/8 % compounded monthly. The amount of money that Kehlani have in her account than Benjamin is: $322.83.

How to find the compounded amount?

Using this formula to find the compounded amount

A = P(1+r/n)^nt

Where

A = Amount

r =Interest rate.

n =Number of years

P =Principal

Benjamin

P = $20,000

r = 7 5/8% = 7.625% = 0.07625

n = 12 months

t = 10 years

Hence,

A = 20,000 (1+0.07625/12)^12× 10

A = 20,000 (1+0.006354)^120

A = 20,000 (1.006354)^120

A = $42,768.42

Kehlani

P = $20,000

r = 7 3/4% = 7.75= 0.0775

n = 4 months

t = 10 years

Hence,

A = 20,000 (1+0.0775/4)^4× 10

A = 20,000 (1+0.019375)^40

A = 20,000 (1.019375)^40

A = $43,091.25

Difference:

Difference = $43,091.25 - $42,768.42

Difference = $322.83

Therefore the amount of money is $322.83.

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Answer:322

Step-by-step explanation:

please helpppp!!! !!

Answers

Hope this helps you

y-x=2x-2/3x linear or nonlinear explain

Answers

Answer:

it is linear

Step-by-step explanation:

if you add x on both sides, you can get rid of the -x on the left side, and you are left with a linear equation in slope intercept form

y=7/3x

5/8 = 8/x

A.5
B.64
C.0.2
D.12.8

Answers

Answer: It's 64

Hope this helps!

Please help me with this question. I need it immediately, and it is Grade 7 math.

Answers

To meet the goal, the tree must be at least 250 centimeters tall. This will take at least 10 years. Then the correct option is B.

What is inequality?

Inequality is defined as an equation that does not contain an equal sign. Inequality is a term that describes a statement's relative size and can be used to compare these two claims.

Scott has a tree in his lawn. The tree grows 25 centimeters every year. Since the tree began developing, Scott has managed 16 centimeters off its level. The objective for the tree's level is given by 25x - 16 ≥ 234, where x is the quantity of years the tree develops.

Simplify the inequality, then we have

25x - 16 ≥ 234

25x ≥ 234 + 16

25x ≥ 250

x ≥ 10

To meet the goal, the tree must be at least 250 centimeters tall. This will take at least 10 years. Then the correct option is B.

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when 40 is subtracted from the square of a number, the result is 3 times the number. Find the positive solution.​

Answers

Answer:

5

Step-by-step explanation:

Let x be that number.

(x^2) - 40 = 3x

x^2 - 40 = 3x

x*2-3x-40=0

(x-5)(x+8)=0

x=5

Other Questions
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