Answer:
her current net worth is $75,500
Explanation:
The computation of the her current net worth is shown below:
As we know that
Net worth is
= Total assets - total liabilities
= ($50,000 + $500 + $100,000) - ($75,000)
= $150,500 - $75,000
= $75,500
Hence, her current net worth is $75,500
We simply deduct the liabilities from the asset to determine the net worth
Answer:
See below
Explanation:
10000-1000=9000 to be depreciated
9000/5=1800 annual depreciation
journal entry:
depreciation expense. 1800 (debit)
Accumulated depreciation. 1800 (credit)
to record annual depreciation
Answer:
$33,000
To avoid penalties, if a taxpayer owes $1,000 or more in tax payments beyond withholdings, such taxpayer will need to have paid in for taxes the lesser of: 90% of the current year's tax ($50,000 x 90%) = $45,000, or 100% of the previous year's tax ($30,000 x 100%) = $30,000
However, if the taxpayer had adjusted gross income in excess of $150,000 in the prior year, 110% of the prior year's tax liability is used to compute the safe harbor for estimated payments. (Previous year's tax $30,000 x 110% = $33,000).
Explanation:
Answer: The correct answer is "firms offer different levels of service".
Explanation: Firms might charge different prices for the same product even when transactions costs are zero and the product can be resold if the <u>firms offer different levels of service. </u>Because depending on the level and quality of the service offered they may charge a higher or lower price.
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Answer:
The beta of your portfolio is 0.9045
Explanation:
Hope this help :D
