Gordon is over 65, his age "increases his standard deduction", according to the IRS, people over 65 years of age are included in the deductions program, both for those who are single or married, only the amount varies a little, depending on their marital status, in the first case the amount to deduct is $ 1250 and the second is $ 1550.
Answer:
$30,750
Explanation:
Calculation for How much did Doug pay in commissions at the closing of the property
Using this formula
Amount of Commission paid=Property sales amount×Commission percentage
Let plug in the formula
Amount of Commission paid=$615,000×5%
Amount of Commission paid=$30,750
Therefore the amount that Doug pay in commissions at the closing of the property will be $30,750
Answer:
d. $200.
Explanation:
Note the purchase price is $10,000 while $2,000 was the down payment, the car purchase was financed with $8,000 in loan.
The monthly payment based on a 9% annual percentage rate can be determined using a financial calculator as shown below, bearing in mind that the calculator would be set to its default end mode before making the following inputs:
N=48(number of monthly payments for 4 years that the loan would last)
I/Y=9/12(monthly interest rate which is 9%/12)
PV=-8000(the loan amount)
FV=0(the loan balance after all monthly payments would be zero)
CPT
PMT=$199.08(closest $200)
Answer:
Clint should define technological terms with which manager may be unfamiliar and include material aimed at persuading him to care.
The profit-maximizing firm model produces for maximum profits where mr = mc and charges a higher price and produces less than the lowest cost output per unit (atc). Profit maximization is the process by which businesses ensure that the best output and price levels are achieved in order to maximize their returns.
The firm adjusts influential factors such as sale price, production cost, and output levels to achieve its profit goals. The production quantity where marginal revenue equals marginal cost is where the monopoly can make the most money: MR = MC.
If the monopoly produces fewer units, MR > MC at those levels of output, and the firm can increase profits by increasing output. Find cheaper raw materials than those currently in use as an example of profit maximization. Find a supplier who provides better prices on inventory purchases.
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