Answer: e. All of these choices are deductible.
Explanation:
All of the above give rise to a business expense for self-employed taxpayer's uniforms or special clothing and as such are deductible.
A lawyer needs to look the part and the option said it was a 'business suit' so that classifies as a work expense.
A clown cannot be a clown without their costume so that is definitely a business Expense as well.
Some scientists need hazmat suits to perform their duties effectively so this counts as a business expense as well and is also deductible.
And a mascot like a clown, cannot be a mascot without their attire so that is a business Expense as well.
Answer: 6%
Explanation:
The annual payments can be considered to be annuity payments as they are constant. The amount borrowed can be considered the present value of the annuity.
Present value of annuity = Annuity * Present value interest factor of annuity, 8 years, %?
178,960 = 28,819 * Annuity factor
Annuity factor = 178,960 / 28,819
= 6.20979
To find out the interest rate, look at the Present Value of Annuity table and go to the 8 period column. Look for 6.20979. The interest rate that intersects with this factor is the interest rate implicit in this agreement.
That rate is 6%.
My notation would be myx = M(XC+%) and the mean is Summat.
Answer:
The correct answer is: add exports but subtract imports in calculating GDP.
Explanation:
National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.
In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.
To respond to the structure of its industry, an organization should choose a __________.
Competitive strategy