Answer:
$2
Explanation:
Surplus value = revenue - cost
Revenue = $1 × 7 = $7
Cost = $4 + $1 = $5
Surplus value = $2
I hope my answer helps you
Answer:
a manicurist who works from her home or at clients’ houses
Explanation:
It will rain with probability 0.8. if it does, you earn $200 and if not, you earn $400. the expected value is: $200.
This is true because the probability of raining is 0.8%, which is 0.2% away from becoming 1.0%, which is 100%. Since you earn $200 if it rains and the probability of rain is the majority, the expected value is $200.
Answer:
D. No loss recognized and a reduction in E&P of $200,000
Explanation:
Given that:
- Current and accumulated E&P : $500,000
- A distribution of land to its sole shareholder: $200,000
- E&P basis to Catamount : $250,000
From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.
Hope it will find you well.
