Patel Packaging Systems purchased a new computer system in 2…

Patel Packaging Systems purchased a new computer system in 2021 at a cost of $328,000. This system is in the 5-year MACRS class, and has depreciation allowance percentages of 20, 32, 19.2, 11.52, 11.52, and 5.76. What is the maximum amount of depreciation the firm can claim on this system in the first year if it selects the bonus depreciation method?

You have a portfolio worth $73,500 that has an expected retu…

You have a portfolio worth $73,500 that has an expected return of 13.7 percent. The portfolio has $17,300 invested in Stock O, $25,100 invested in Stock P, with the remainder in Stock Q. The expected return on Stock O is 18.5 percent and the expected return on Stock P is11.7 percent. What is the expected return on Stock Q?