Answer:
$64,000
Explanation:
In order to be deductible, a business expense must be both ordinary and necessary. Being ordinary means that it is a plausible expense for this business, since the expense in question is related to accounting services, it is ordinary. Being necessary means that the expense is the minimum required and is appropriate and helpful to the business. In this case, all of the expense was not required, therefore, only $64,000 (the reasonable market value for the services provided) are deductible.
Answer:
56.67%
Explanation:
Purchase cost = 30 dollars
Margin x price = 0.60x30 = $18
30-18 = $12
Profit = $47 - $30 - 0.07(12)
= 16.16
Percentage earned = (16.16 /18) * 100
= 89.78%
Profit from the trade
= 47-30
= 17
Percentage earned = 17/30 * 100
= 56.67%
The return would have been 56 67% if the investor had not done this.
The Competition Act of 1998 has reduced the formation of monopolies in South Africa by achieving the following objectives.
<h3>What is the role of the South African Competition Act?</h3>
The South African Competition Act aims to:
- Promote and maintain competition in South Africa.
- Promote the efficiency, adaptability, and development of the economy.
- Provide consumers with competitive prices, higher quality goods and services, product and service varieties, and increased innovation.
Thus, the Competition Act of 1998 has reduced the formation of monopolies in South Africa by achieving the following objectives.
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The element of the marketing mix that is used in the given scenario is <u>Price</u> as it has to do with an increase in tuition.
<h3>What is Marketing Mix?</h3>
This refers to the tactics that is used by a company to promote its product or brand in the market.
Hence, we can see that The element of the marketing mix that is used in the given scenario is <u>Price</u> as it has to do with an increase in tuition.
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Answer:
The answer is: A) by purchasing an equal number of shares of each stock in the S&P 500 in proportion to the price weight of the stock in the S&P 500
Explanation:
The Vanguard 500 Index Fund Investor Shares (VFINX) attempts to provide investors with return rates corresponding to the S&P 500 Index performance. To do so, the VFINX invests in stocks included in the S&P 500 in the same proportion as their weight in the index. Because of this, the VFINX has an extremely high degree of positive correlation with the S&P 500.
