Answer:
A gain of $16,100
Explanation:
When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal.
The carrying amount of an asset is the difference between the cost of the asset and the accumulated depreciation of the asset.
Carrying amount
= $22,000 - $6,600
= $15,400
Gain/(loss) on sale of asset
= $31,500 - $15,400
= $16,100
Answer:$90
Explanation:
The reserve ratio is the percentage of deposits that the banks are obligated to keep from customer savings for deposit demand and make the balance available to clients as loans. The federal reserves varies the reserve ratio on it's intention for the money supply, when it intends to increase the money supply it reduce it and vice versa.
In this situation the highest amount that the money supply can be increased with is 90% of the deposit which is $90
Answer:
D. the price of a unit of output multiplied by the marginal product of labor
Explanation:
The formula to compute the value of the marginal product of labor is shown below:
= Price of a unit of product × marginal product of labor
= value of marginal product of labor
To find out the value of the marginal product of labor, we simply multiply the unit price of a product with the marginal product of labor so that true value can come.
Hence, all other options are wrong except D.
Curtis Williams is 69 years old. His wife, Mary Williams, is 67 years old. Curtis and Mary plan to file a joint return. Mary is legally blind. IRS provides high standard deduction to married couples who have age of 65 or above and blind or one of the partner is legally blind.
IRS states that if filling for joint return is done by married taxpayers in the year 2022 then normal standard deduction is $25,900. In this case Curtis and Mary both are over the age of 65 and Mary is blind too then as per IRS guidelines they will get $1,400 deduction per person for being above 65 plus Mary will get additional $1,400 deduction for being legally blind.
$25,900 + $1,400 + $1,400 + $1,400 = $30,100
Hence, Curtis and Mary's standard deduction is $30,100.
Read more about standard deduction on brainly:-
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Answer: The correct answer is "B. lower".
Explanation: The insurance premium is one of the central elements of the contract since it is the price that the insured pays for the coverage he receives. Its value will depend on the type of risk insured and is always fixed in advance by the insurance company. It must be sufficient for the insurer to face the insured risk, calculating that not all the insured will need the coverage, that is, statistically, there is a probability that it will happen or not.
The premium is lower in a survivorship life policy as compared to the premium in a joint life policy.
