Narodowości. Jakiej jesteś narodowości? Flashcards

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Verified questions

economics

What type of market flaw do you think is most likely to cause a market failure?

Verified answer

business math

"With the Luck of the Irish, May All of Your Plants Stay Green." So reads the slogan of O'Brien Nursery, a family-owned nursery business located in westcentral Illinois. Started as a small greenhouse, the business has evolved into a full-scale nursery, including landscape services. The primary assets of the business include the following: $54$ acres of land including a $4$ -acre active vineyard of grape vines; $4$ trucks, $2$ vans, and $4$ tractors; a greenhouse, a storage building, a building housing the retail space and offices; and office equipment. Because of substantial residential growth in the area, there is more demand than ever for landscaping services and nursery stock. One of the hottest selling items has been small ornamental trees, which are typically priced from $\$ 40$ to $\$ 200$ each. To meet this demand, the nursery is considering the purchase of additional land and a state-of-the-art tree planter, which sells for $\$ 17,500$ .

Create a depreciation schedule for the tree planter costing $\$ 17,500$ using the MACRS method of depreciation as a $7$ -year property, and placed in service at midyear.