Answer:
$95,000.
Explanation:
Adjusted gross income(AGI) is the income that is calculated after deducting all the line deduction items that are included in form 1040. It is used to calculate the net income tax due.
The rental income earned by Lupe's on her personal residence amounting to $3,800 shall not be included for the purpose of calculating AGI and therefore all the expenses mentioned in the question regarding the Lupe's personal residence shall not be considered for calculating AGI and hence the Lupe's AGI will be $95,000.
If short-run equilibrium output equals 20,000 and full employment equals 25,000, then this economy has <u>recessionary.</u>
<u></u>
There have been 48 recessions in the United States dating back to the Articles of Confederation, and economists and historians determine that the 19 recessions before the Great Depression were bigger than since the end of World War II.
The health of the country's agricultural and industrial production, consumption, business investment, and banking sectors contributed to these declines.
The US recession is weighing more heavily on economies around the world, especially as national economies become more and more interdependent.
learn more about recessions here; brainly.com/question/532515
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Answer:
i think d it might not be right
Explanation:
Answer:
PV= $1,311.17
Explanation:
Giving the following information:
Future Value (FV)= $5,000
Number of periods (n)= 25 years
Interest rate (i)= 5.5% compounded annually
T<u>o calculate the present value (PV), we need to use the following formula:</u>
<u></u>
PV= FV / (1+i)^n
PV= 5,000 / 1.055^25
PV= $1,311.17
Answer:
using the predetermined overhead rate
Explanation:
The indirect cost is also known as the overhead cost. The overhead cost are those cost which is related to the factory expenses like - depreciation, property taxes, utility expense, rent expense, repairs expense, indirect labor, and indirect material cost, etc
As we know
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours) or (estimated machine labor-hours)
As the case maybe
By using the predetermined we can easily allocate the indirect cost to the specific cost
