85% of the wealth comes from 10% of the wealthiest people
Answer:
$1,645,000
Explanation:
The computation of the taxable income is shown below:
Taxable income is
= Book income + income tax expenses - muncipal bond interest + (50% × meal expenses)
= $1,200,000 + $380,000 - $10,000 + ($150,000 × 50%)
= $1,645,000
We simply recognized only 50% of meal expenses and with the help of above items we calculated the taxable income
Answer
1. D
2. C
3. A
Explanation
1.
To identify the return below is the formula to calculate the Return
Net Return = Current Worth - Total of Purchase
Net Return = $260,000 - $250,000
Net Return = $10,000
Answer 1 = D
2.
below is the formula to calculate Rate of Return
Rate of Return = ( Current Value - Original Value)/Original Value
Rate of Return = ($260,000-$250,000)/$260,000
Rate of Return =
.
Rate of Return = 3.86%
if round off it we found
Rate of Return = 4%
Answer 2 = C
3.
first we need to calculate the what is the value of after the inflation 2.5%
$6,500
current worth - inflation amount
$260,000 - $6,500
$253,500
now calculate the rate of return
($253,500 - $250,000)/($253,000)
$3,500/$253,000
1.38%
if we round off 1.38% then we found 1.5%
Answer 3 is A 1.5%
At the point of sale, there is an increase in the effect on the cash flow of abc.
What is cash flow?
A cash flow is a real or virtual movement of money.
- A cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain and therefore need to be forecast with cash flows.
- A cash flow is determined by its time t, nominal amount N, currency CCY and account A; symbolically CF = CF(t,N,CCY,A).
- It is however popular to use cash flow in a less specified sense describing (symbolic) payments into or out of a business, project, or financial product.
- Cash flows are narrowly interconnected with the concepts of value, interest rate and liquidity. A cash flow that shall happen on a future day t(N) can be transformed into a cash flow of the same value in t(0).
To learn more about cash flow: brainly.com/question/10714011
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Answer:
Liabilities increase and assets decrease.
Hope this helps!
