Answer:
$23,950
Explanation:
Income $100,000
Expenses $75,000
Depreciation $22,000
income tax rate = 35%
Income $100,000
Expenses ($75,000)
Depreciation ($22,000)
EBT $3,000
Income Tax $3,000 * (35/100) = $1,050
Net Income $1,950
ATCF
=Earnings Before Tax + Depreciation
=$1,950 + $22,000 = $23,950
Answer:
The correct answer is real estate values by subdivision
Explanation:
As Gloria is not able to afford the Tapestry analysis which is a costly one, She will use the real estate values by the subdivision. As this method is not only cost effective but is far efficient from the other less effective methods. Although Tapestry PRIZM analysis methods are effective however they are not as good a value for money as the real estate values by subdivision strategy is.
Answer:
description of the land
Explanation:
According to my research, many states need for a land sale contract to include a description of the land in order to be able to make the contract enforceable. This is just like when you buy a car, you would like to have photos of the car for the sale. Description as well as photos provide a better understanding of what is being sold.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer: Moral hazard
Explanation: Moral hazard can be defined as a situation when an individual increases his risk even when he has the option to no to, as he knows that he is insured and the potential loss will be bore by someone else.
In the given case Joe starting taking risk of fire as he knew that if there comes any loss, it will be bore by the insurance company. Hence the economic problem in this theory is Moral hazard .
Answer:
a, The depreciable cost when using the straight line method is;
= Cost of asset - Residual value
= 70,700 - 4,200
= $66,500
b. As the rate is uniform over the life of the asset, the rate is 100% divided by the life of the asset.
= 100%/5
= 20%
c. Annual depreciation will therefore be;
= Depreciation rate * depreciable cost
= 20% * 66,500
= $13,300
