Answer:
The longest average travel time on a voyage that allows C&A Cruise to meet its goal of serving 2000 passengers per week if its ships always travel fully loaded is 2.5 weeks.
Explanation:
here consider the inventory as passengers
inventory on voyage = 10*500 passengers
= 5000 passenger
s
passenger serving rate = flow rate
= 2000 passenger per week
flow time = inventory on voyage/ passenger serving rate i.e flow rate
= 5000 passenger/ 2000 passenger per week
= 2.5 weeks
Therefore, The longest average travel time on a voyage that allows C&A Cruise to meet its goal of serving 2000 passengers per week if its ships always travel fully loaded is 2.5 weeks.
The correct answer is Choice C.
Beginning Jan. 1, 2019, all taxpayers may deduct only the amount of the total unreimbursed allowable medical care expenses for the year that exceeds 10% of their adjusted gross income.
Answer:
Explanation:
Cash book balance = $2,620
Adjustment
Less:
Bank service charge. $85
Add:
NSF check not recorded. $350
Customer note receivable. $1,000
Interest earned $35
New Balance. $3,920
Answer:
c. 10.17%
Explanation:
we can use the future value formula:
future value = present value x (1 + r)ⁿ
- future value = $19,600,000
- present value = $8,200,000
- n = 9
$19,600,000 = $8,200,000 x (1 + r)⁹
$19,600,000 / $8,200,000 = (1 + r)⁹
(1 + r)⁹ = 2.390243902
⁹√(1 + r)⁹ = ⁹√2.390243902⁹√
1 + r = 1.101663943
r = 1.101663943 - 1 = 0.101663943 = 10.17%
Answer:
Elliot's qualified business income deduction is $28,000.
Explanation:
total income
= share in specified service business income + wages of wife
= 280000*50% + $90000
= $230,000
taxable income before QBI = total income - standard deduction
= $230,000 - $24,000
= $206,000
QBI deduction is lesser of:
- 20% of qualified business income
= $140,000*20%
= $28,000
Therefore, Elliot's qualified business income deduction is $28,000.