Kevin must take in $2,500 into his gross income. This is for
the reason that the $13,000 ($70,000 -$57,000) discount got on the M3 is bigger
than the qualified employee discount of$10,500 (sales price of $70,000 multiplied
by the average gross profit percentage of 15%). There is no gross income from
the acquisition of the 530 because the $9,000 ($63,000 - $54,000) reduction is
less than the qualified employee discount of $9,450 ($63,000 multiplied by the
average gross profit percentage of 15%).
Answer:
The best argument for admitting the statement is that: the statement was volunteered by the car dealer.
The additional amount over the amount borrowed that the consumer must repay. This includes fees, interest, and other charges.
Answer:
They both receive capital to use for growth.
Explanation:
The government received the capital in the form of tax that being paid by the citizens. After collecting the tax income, the government allocated it to make a couple of investments such as building the country's infrastructure, providing aid for people to pursue education, and investing in scientific research/development.
Business on the other hand could receive their capital from either reallocating their profit or receiving capital injection from the investors. They use the capital for growth by reinvesting it to increase the scope of their business operation or putting it under investment accounts.
