Which of the Following Assets Is Eligible for §179 Expensing

question 16

Multiple Choice

Which of the following assets is eligible for §179 expensing?

• A)Used office machinery
• B)Qualified improvement property
• C)A new delivery truck
• D)Used office furniture
• E)All of the choices are correct.

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Definitions:

Average Variable Costs

The sum of all variable production costs divided by the total number of units produced.

Output

The amount of something produced by a person, machine, or industry.

Average Cost

The total cost divided by the quantity produced, measuring how much on average each unit of output costs to produce.

Average Fixed Cost

The total fixed costs of production divided by the quantity of output produced; it decreases as production increases.