Answer:
$30.1
Explanation:
Adjusted basis refers to the net value of an asset after considering depreciation and capital investments. It is the net value of an asset.
Adjusted taxable income is the income after adjusting for depreciation and interest.
For a sole proprietorship, the income of the business is the same as owners' income.
For Renee, adjusted taxable income will be,
Total revenue= $85M
Net expenses equal to total revenue minus depreciation minus interest paid
=$78.1, - $10.1 - $12.7
=$54.9
Adjusted taxable income= Total revenue - net expenses
= $85 - $54.9
=$30.1
Answer:
either a rise in output or a fall in velocity.
Explanation:
As per the quantity equation, if the level of the price would varies and less than the increase in the money supply so there should be either a rise in the output or the decline in the velocity
The quantity equation is
MV = PY
where
M denotes money supply
V denotes velocity
P denotes price level
Y denotes output
As the money supply would increase so it would be balance when there is a decline in a velocity or increase in output so that the price would remains the same
hence, the above represent the answer
Answer:
Set.
Explanation:
Closure property in algebra asserts that 'when an operation(multiplication, addition) takes place among the members of a set, the result produced would surely be a member of that same set.' For example, if we add or multiply two real numbers(members of the same set), the result would be a real number for sure(a member of the same set). It implies that 'real numbers are closed under multiplication and addition.' While if I subtract two real numbers, I may or may not get a real number. Thus, the real numbers are closed under subtraction.
Answer:
0.3793; 0.3333
Explanation:
Quick ratio for 2018 :
= (Cash + Account receivable) ÷ Current liabilities
= ($300 + $800) ÷ $2,900
= $1,100 ÷ $2,900
= 0.3793
Quick ratio for 2019 :
= (Cash + Account receivable) ÷ Current liabilities
= ($100 + $900) ÷ $3,000
= $1,000 ÷ $3,000
= 0.3333
Therefore, the quick ratio for Evans & Sons, Inc., for 2018 and 2019 are 0.3793 and 0.3333, respectively.
Answer:
The correct answer is letter "C": businesses-to-consumer.
Explanation:
Businesses-to-consumer (<em>B2C</em>) sales are those in which the manufacturer or firm directly offers its product or services to the final users. The advantage of this practice is charging higher since companies do not have to consider a special price for suppliers to earn profits. The drawback lays in the fact that en users usually purchase items in small sizes.