Answer:
The right approach will be "$ 1123.2".
Explanation:
The number of miles to be used will be:
= 
= 
Now,
The item deduction will be:
= 
= 
= 
($)
Answer:
Mike's recognized gain from the transfer of the house to him is:
$175,000
Explanation:
a) Data and Calculations:
Marital property = $1,500,000
Cost of property = $575,000
Residual value = $925,000
Alimony to Karen = $750,000 ($150,000 * 5)
Balance (Mike's) = $175,000
$175,000 represents the excess of the fair market value of the marital property after deducting the cost of property and the alimony paid to Karen. A gain of $175,000 is recognized by Mike after the property sale.
Answer:
The expected return on this investment is 10.500%
Explanation:
The expected return is the return anticipated by the investors based on the different circumstances and how the return can change under these circumstances. The expected return can be calculated by multiplying the probability of each circumstance by the return under that circumstance.
Expected return = pA * rA + pB * rB + ... + pN * rN
Where,
- p represents probability of each event
- r represents return under each event
Expected return = 0.3 * 0.25 + 0.1 * 0.15 + 0.3 * 0.1 + 0.3 * -0.05
Expected return = 0.105 or 10.500%
Answer:
The correct answer is letter "A": True.
Explanation:
The costs of manufacturing are the total expenses companies incur during the production process. They mainly include <em>direct materials, labor, </em>and <em>overhead</em>. Besides, the prices of the three (3) factors mentioned above and their size (quantity) are considered factors that determine the manufacturing costs.
