In 2020, Ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric utility. He decides to buy a smaller, used turbine. It will cost $1841 to purchase the turbine this year, and another $582 in parts and labor will be needed this year to get this ready for service. After 5 years of use (and during year 2026), he estimates that it will cost $748 to rebuild the turbine and there will be no revenue from production that year. Ahmed estimates that the net cash flows (after depreciation and taxes) will be $559 each year in years 2021, 2022, 2023, 2024, 2025 and $687 each year in years 2027, 2028, 2029, and 2030. The turbine will be taken out of service at the end of year 2030 and there will be no salvage value. The Minimum Acceptable Rate of Return (MARR) (the interest rate) is 8 percent per year, compounded annually. What is the Benefit/Cost ratio of this turbine in the year 2020)? (Express your answer to two decimal places of accuracy.) Benefit/Cost ratio = ?

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In 2018, X Company’s revenue was $193,500, its total variable costs were $125,775, and its fixed costs were $85,800. In 2019, the relationship between revenue and variable costs will not change, but fixed costs will decrease by $16,302. Assuming a tax rate of 40%, what will revenue have to be in order for X Company to earn $37,000 after taxes in 2019?

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Please help me with my homework for accounting. Thank you.

In 2018 , Wilma Way’s sole proprietorship , WW Bookstore , generated $120, 000 net profit . In addition , Wilma recognized a $17, 000 gainon the sale of business furniture and shelving , all of which was recaptured as ordinary income . The business checking account earned$960 interest income .a . Which of these income items are subject to self- employment tax ?b. Compute Wilma’s 2018 self- employment tax .c. Compute Wilma’s allowable Section 199 A deduction , assuming $43, 000 of W – 2 wages and $90, 000 unadjusted basis of tangibledepreciable property .d. Compute Wilma’s 2018 taxable income from her bookstore activity .@ Answer is not complete .Complete this question by entering your answers in the tabs below .Required ARequired ERequired [Required [Compute Wilma’s 2018 Self-Employment tax . ( Round your answer to the nearest whole dollar amount ."Self- employment tax$ 129, 483 03

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In 2018, the VPD received a complaint from the Union of BC Indian Chiefs (UBCIC) and the BC Civil Liberties Association (BCCLA) that police officer street checks in Vancouver appeared to be discriminatory against Indigenous and Black persons. See the link to the VPD’s response to the complaint. In Ontrario, complaints against street checks led the previous provincial government to vastly curtail how and when street checks of persons could be permitted. In light of a dramatic increase in violent crime in Ontario, and a new conservative government, this is now being re-considered.

Are street checks should be authorized, are they are a valuable investigative tool, or do they lead to discrimination against certain segments of the population?

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. In 2018, its first year of operations, Kimble Corp. has a $900,000 net operating loss when the tax rate is 21%. In 2019, Kimble has $250,000 taxable income and the tax rate remains at 21%.

Assume the management of Kimble Corp. thinks that it is more likely than not that the benefit of the loss carryforward WILL be realized.

What are the entries in 2018 to record the tax effect of the loss carryforward?

What entries would be made in 2019 to record the current and deferred income taxes and to

recognize the loss carryforward? PLEASE do not answer this using an Allowance account because the company thinks they WILL realize the loss carryforward. There should be no Allowance account, or so I believe anyway.

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