Aaron Has a Successful Business with $50,000 of Income in 2013.He

question 84

Multiple Choice

Aaron has a successful business with $50,000 of income in 2013.He purchased a new 7-year MACRS property with a cost of $7,000.For tax purposes,what is the largest write-off Aaron can obtain in 2013 for the new asset?

• A)$1,000
• B)$500
• C)$7,000
• D)$3,500

---

Definitions:

Constraints

Limitations or restrictions that affect the process of decision-making, planning, or implementation of a project or strategy.

Objective Function

An objective function is a mathematical formula that represents the goal of a decision-making problem, often involving the maximization or minimization of some quantity.

Constraints

Limitations or restrictions that affect the performance or outcomes of a process or system.

Feasible Region

In optimization problems, the set of all possible points that satisfy the problem’s constraints.