If an Automobile Is Placed in Service in 2016,the Limitation

question 98

True/False

If an automobile is placed in service in 2016,the limitation for cost recovery in 2018 will be based on the cost recovery limits for the year 2016.

Understand the importance of "quality of life" and its impact on location decisions.

Understand the concept of Net Present Value (NPV) and its importance in evaluating a project.

Recognize how the timing of cash flows affects the project valuation.

Distinguish between capital budgeting decisions and financing decisions.