Your insurance will be cancelled
Answer:
-$130,000
Explanation:
The computation of the net loss deducted from his return is shown below:
= Income - interest deductions - operating expenses - depreciation expenses
= $20,000 - $80,000 - $45,000 - $25,000
= $20,000 - $150,000
= -$130,000
Since the value comes in negative which reflects the net loss for the year
We simply deduct the revenues from the expenses so that the net income or net loss could come
<h3><u>
Full question:</u></h3>
Which of the following has the biggest impact on consumer goods during war times?
a. Consumers deferring purchases in hopes of a better deal
b. High interest rates
c. Low inflation
d. High inflation
<u>Answer:</u>
The biggest impact on consumer goods during war times was High inflation
<u>Explanation:</u>
Inflation raised during or as an immediate outcome of these struggles of stock markets endured dull subsequent termination of the war. The government demanded to execute price and wage restrictions in acknowledgment of inflation which had risen due to the extra inducement that was generated by government spending.
Distinctly, both using and financing continued building subsequent the war; nevertheless, the growth was beneath the course rate before the war. Prices, influenced by the rate of inflation, commonly affect consumer spending on goods significantly.
