The three major types are;
1. Partnerships
2. Corporations
3. Sole proprietorship
Answer:
Accelerated depreciation method
Explanation:
Accelerated method is a depreciation method in which the asset lost its book value at a quicker rate as compared with the straight line method. Under this method, it permit high deduction in the starting years so that the taxable income could be minimized
Therefore according to the given option the first option is correct and the same is to be considered
Answer:
The answer is C.
Explanation:
Gross Domestic Product is the total market value of all final goods and services produced within a country during a given period of time. It is usually a year.
In calculating, GDP, we have expenditure approach, income approach and value-added approach.
In this question, the expenditure approach will be used to explain the answer to this question.
To calculate GDP using expenditure approach, the formula is:
C + I + G + (X-M)
where C is the consumers' spending
I is the investment spending
G is government spending
X is the exports
M is the imports.
The correct answer is C. firms purchases of inventories is part of investment spending. Firms can purchase raw materials(inventory) and process it into finished goods(inventory). The change in inventory(difference between the closing inventory and opening inventory) is part of the calculation of investment spending.
Households buying inventories(finished goods) is part of consumers' spending and not investment spending.
Hi, thank you for posting your question here at Brainly.
We use an equation to solve this problem:
![P = A[ \frac{1- (1+i)^{-n} }{i} ]](https://tex.z-dn.net/?f=P%20%3D%20A%5B%20%5Cfrac%7B1-%20%281%2Bi%29%5E%7B-n%7D%20%7D%7Bi%7D%20%5D)
where P = $52,000
i = 0.065
n = 16
![52000 = A[ \frac{1- (1+0.065)^{-16} }{0.065} ]](https://tex.z-dn.net/?f=52000%20%3D%20A%5B%20%5Cfrac%7B1-%20%281%2B0.065%29%5E%7B-16%7D%20%7D%7B0.065%7D%20%5D)
A = $5,323.63 per year
Answer:
Role of 'Beneficiary'
Explanation:
A beneficiary is a person, who is entitled to receive funds from distribution of will, trust, life insurance. The person(s)' name could be directly mentioned, or he / she could satisfy the eligibility set up as per the benefactor (the person determining).
Bob's life is insured by Insuracare (a large insurance company). When Bob dies, the death benefit will be paid to his son Jack. As mentioned, Jack will get the death benefit. So, he is the one receiving monetary funds. Hence, he is the Beneficiary
