The answer for this is Letter D.
<span>An expert in economics says that when the net benefits of
all economic businesses are maximized it means the distribution of resources is
effective and achieved but there must be one condition to be considered, market’s
allocation should be competitive or well functioned.</span>
Answer:
E) The net capital gain is composed of $1,000 25% gain and $6,000 0%/15%/20% gain.
Explanation:
Calculation to determine what the net capital gain is composed of
Based on the information information given the amount of $6,000 STCL will have to offsets the $5,000 28% gain which is represent the highest tax rate gain while -$1,000 of 25% gain which is the amount that remain as loss will as well offsets the next highest tax rate gain.
Hence
Net capital gain= $6,000 STCL - $5,000 28% gain
Net capital gain= - $1,000 of 25% gain
Therefore the net capital gain is composed of
$1,000 25% gain and $6,000 0%/15%/20% gain.
Answer: d.$1,800 – $1,150 = $650
Explanation:
In 2019, the IRS listed that a Dependent who is claimed by another tax payer ( Tony's Grandmother) can have a tax deduction of $1,100, or their earned income plus $350 depending on which is higher.
Tony's earned income is $800 from his part-time job so his deduction is $1,150 (800 + 350) as this is higher than $1,150.
His tax is therefore,
= Unearned Income + Earned Income - Deduction
= 1,000 + 800 - 1,150
= 1,800 - 1,150
= $650
Answer:
Yes, Porter cable is liable
Explanation:
- On the occasion of the 20th wedding anniversary, a corporate card was issued to distribution center manager Ima Krimmel
- Yes, Porter Cable will be liable if Ima krimnel agrees to convert their employees into cognizants if the charges are not paid. They will be liable if American Express requests a contingency claim.
Answer:
Need for trade offs in pricing objectives
Explanation:
I the given scenario the club is faced with two choices. Either they increase market share and become an industry leader while slashing membership prices, or leave membership price the way it is and meet its target on return on investment.
A trade off is required in this kind of situation.
In a trade off a business will need to lose in one aspect in order to gain in another.
So a choice will need to be made on what the business will be able to lose and come out benefiting more.
If the company values the proposition of increasing its market share and becoming the industry leader, it will slash it's membership price by 50%
