Determine sharps total deduction for the property in 2017


1. Sharp Company purchased 5-year property for $2,000,000 on September 1, 2017.

Determine Sharp's total deduction for the property in 2017, assuming it elects Sec. 179 and 50% bonus depreciation.

A. Immediate expense deduction under Sec. 179 $

B. 50% Bonus depreciation $

C. 2017 MACRS $

D. Total deduction for 2017 $

2. Brenda Marie, Center Director for Bright Horizons on the Charles, says that the benefits Bright Horizons offers show that they care and reflect her family's views. This is an illustration that the Bright Horizons culture:

A. Considers the expectancy theory that humans have beliefs and anticipations about future life events

B. Considers the value theory that humans have beliefs and anticipations about future life events

C. Considers the expectancy theory that humans have little anticipations of future life events

D. Considers the value theory that humans have little anticipations of future life events.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Determine sharps total deduction for the property in 2017
Reference No:- TGS02901520

Expected delivery within 24 Hours