Hey there,
Your question states: T<span>o obtain your credit report, you should _____.
Your correct answer would be "</span><span>write to the credit bureau".
Hope this helps.</span>
Answer:
Built-in gains tax is $13,020
.
Explanation:
The built-in gains tax is one levied against an S corporation that used to be a C corporation, or received assets from a C corporation.
Here,
Gain= $80,000
Loss= $10,000
Holds= $8,000
Income= $65,000
Corporate tax= 21%
To calculate the built-in gains tax, we will need to calculate the net gain of the corporation and multiply it by the tax rate.
= Built-in-gain - built-in-loss - unexpired NOL
80,000 - 10,000 - 8,000 = 62,000
Then
62,000 x 0.21 tax rate = 13,020
= 13,020
The amount paid for the discount points is $2,700
What do 3 points on the loan mean?
The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000
amount paid for the discount=points*loan amount
loan amount=$90,000(not $120,000 which is the property purchase price)
amount paid for the discount=3%*$90,000
amount paid for the discount=$2,700
Find out more about discount points on://brainly.com/question/26040338
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Answer:
Sunk cost
Explanation:
The sunken cost is the expense previously incurred that will not be compensated in future. Plus, it's also called past expense.
The cost at the time of decision-making is not significant and it should be ignored.
In the given question, the $3,500 spent which is not now recovered and hence represents the sunk cost
Answer: $2,98,491.106 ⇒ Total cost of production
Explanation:
Given that,
Total cost of production at x = 1000 units
C(x) = 2000 + 170x + 4
C(1000) = 2000 + 170(1000) + 4
= 2000 + 170000 + 126491.106
= $2,98,491.106 ⇒ Total cost of production
So, above is the cost of producing 1000 units.