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NEW QUESTION: 1
A. Option B
B. Option D
C. Option C
D. Option A
Answer: D
NEW QUESTION: 2
An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
All of the following are included in "income tax" calculations except:
A. Annual income
B. Initial cost of investment
C. Annual expenditures
D. Depreciation
Answer: B
NEW QUESTION: 3
The cryptocurrency Bitcoin is__________.
A. a replacement currency for the U.S. dollar
B. another application that runs on a Blockchain
C. replacing bartering in many parts of the world
D. the same as all other cryptocurrencies
Answer: B
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