Ilene Owns an Unincorporated Manufacturing Business

question 91

Multiple Choice

Ilene owns an unincorporated manufacturing business.In 2016,she purchases and places in service $2,016,000 of qualifying five-year equipment for use in her business.The property does not qualify for bonus depreciation.Her taxable income from the business before any Sec.179 deduction is $400,000.Elaine takes the maximum allowable deduction under section 179.Which of the following statements is true regarding the Sec.179 election?

• A)Ilene can deduct $500,000 as a section 179 deduction in 2016,with no carryover to next year.
• B)Ilene can deduct $494,000 as a section 179 deduction in 2016,with a $6,000 carryover to next year.
• C)IIene can deduct $400,000 as a section 179 deduction in 2016;$94,000 may be carried over to next year.
• D)Ilene can deduct $400,000 as a section 179 deduction in 2016 ,with no carryover to next year.

Understand the considerations for developing messages for mobile devices including screen size and data consumption.

Differentiate between the formal and informal communication styles and their impact on the audience.

Recognize the importance of using visuals in enhancing comprehension and retention of messages.

Understand the role of communication in managing employee relations and interpreting business events.

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Definitions:

Electric Heating

A system of converting electric energy into heat for warming indoor spaces, typically regarded as more efficient than traditional heating methods.

Heating Substitutes

Alternative heating sources that can replace the primary heating method, including electric heaters, solar heating, and geothermal heat pumps.

Price-Discriminating

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on various criteria.

Allocative Inefficiency

Allocative Inefficiency occurs when the allocation of resources does not correspond to consumer preferences, resulting in misallocation of resources and potential welfare losses.