On june 1 of the current year, jack and angie purchased a rental beach house for $900,000 and rented it right away. of that amount, $600,000 was for the land value. how much depreciation deduction can jack and angie take in the current year? (you may need to refer to the depreciation tables.)

The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.