Company is contemplating whether to use MACRS depreciation or straightminusline depreciation for a plant asset. The following information is available: MACRS Depreciation Straight-line Depreciation Present Value of One At 12% Year 1 $13,333 $10,000 0.8929 Year 2 $17,780 $10,000 0.7972 Year 3 $5,924 $10,000 0.7118 Year 4 $2,964 $10,000 0.6355 Assume the tax rate is 40%. Over the four years examined, what is the present value of the difference in tax savings between MACRS depreciation and straightminusline depreciation?

Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a. anne is a qualifying child of catherine. b.anne is not a qualifying child of catherine because she fails the gross income test. c.anne is not a qualifying child of catherine because she fails the residence test. d.anne is not a qualifying child of catherine because she fails the support test.

Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?