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weeeeeb [17]
3 years ago
15

Lyle corp. is a distributor of pharmaceuticals and sells only to retail drug stores. lyle received unsolicited samples of non-pr

escription drugs from a manufacturer. lyle donated these drugs to a qualified exempt organization and deducted their fair market value as a charitable contribution. what should be included as gross income in lyle's return for receipt of these samples
Business
1 answer:
Rudik [331]3 years ago
8 0
<span>Fair market value should include as gross income in Lyles return for the receipt of these samples. It is the estimate of the market value of a property when the buyer and seller are knowledgeable and unpressured. Precedent or extrapolation helps in finding the Fair market value estimate.</span>
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Answer:

Nominal interest rate (i)= expected inflation rate (f) + real interest rate (r)

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Explanation:

The Fisher Effect is an economic theory created by economist Irving Fisher that describes the relationship between inflation and both real and nominal interest rates.

The Fisher Effect states that the real interest rate equals the nominal interest rate minus the expected inflation rate.

The Fisher Effect can be seen each time you go to the bank; the interest rate an investor has on a savings account is really the nominal interest rate.

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2. List several groups that will increase as a percentage of the total U.S. workforce in the next decade.​
jonny [76]

The groups that will increase as a percentage of the total US workforce over the next decade are Asian, Hispanic and African-American youth, ages 16 to 24. This increase may be due to migratory factors.

<h3 /><h3>What are migratory factors?</h3>

It corresponds to the different variables that contribute to the increase in immigration, causing individuals to leave their countries of origin in search of more opportunities elsewhere. The migratory factors are:

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Therefore, the total US workforce will be highlighted in the next decade by different different ethnic groups due to the large migratory flow that the country faces by individuals from Latin America, Asia and African Americans.

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8 0
2 years ago
If you write a check for $4,000 to buy a car when you have only $57.18 in your checking account (and no overdraft protection), w
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5 0
3 years ago
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Under the concepts of the time value of money, you can determine the current, or present, value of a cash receipt or payment tha
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Answer:

Discounted value

Explanation:

From Abigail's speech, the present value or the discounted value of an asset is the current value of the cash flows which are to be paid or gotten at a date in the future.

The reason discounted is the answer is because cash flows in the future have to be brought to a date in the present. Instead of compounding, it is better to discount since compounding raises present value when placed side by side with future value.

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3 years ago
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