Answer:
- Income = $10,000
- Adjusted Gross Income (AGI) Deduction = $0
- Claim $10,000 as itemized deduction due to expenses
Explanation:
The activity being a hubby does not exempt it from tax so the $10,000 will be included as income for tax purposes and there will be no deduction for this from the AGI.
She can however, claim her expenses as itemized deductions. There is no tax on interest payment so expenses deducted are:
= 4,000 + 6,500 - 500
= $10,000
It is difficult to compare relative job growth for different-sized
businesses because it is hard to determine the cutoff point at which a small
business becomes a large business. It is not easy to know the comparative job development
amongst businesses of different sizes. There are not the same parameters leading
the size of a small business versus a big business. Moreover, there is no defined
point where such a variation can be clearly identified.
Answer:
Uh, of course I'm not at work! I brutally broke my back. Ouch.
Question:
A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true?
A. The manufacturer has effectively used vertical integration to increase its bargaining position and reduce transaction costs.
B. The manufacturer has enhanced utilisation by allowing depreciation and other fixed costs to be spread over a larger unit volume.
C. The manufacturer has sacrificed quality by using a lower-cost input.
D. The manufacturer has efficiently capitalised on the experience and learning-curve effects within the company.
E. The manufacturer has effectively reduced its operating costs by outsourcing its activities.
Answer:
A. the Manufacturer has effectively used vertical integration to increase it's bargaining position and reduce transaction costs.
Explanation:
Vertical integration is a business strategy whereby a business acquires ownership or controls its suppliers, distributors, or retail locations to control its value or supply chain.
It may also be said that vertical integration has to do with the purchase of a part of all of the production or sales process that was previously outsourced, to have it done in-house.
An example of companies who have done this are:
1. Apple
2. Netflix
3. Comcast (Which acquired NBC)
Businesses can integrate by
- purchasing their suppliers to reduce the costs of manufacturing or
- controlling the distribution process that is, owning and controlling the warehousing and delivery of their products etc.
Many people are entrepreneurs. My dad actually is, but anyway...
Entrepreneurs are people who own a company or business. They are not working for another company but working for themselves.
Many citizens don't feel confident in entrepreneurship and many don't know where to start.
Some people prefer following orders instead of making them.
Or even some don't prefer hard work. Just to point out, entrepreneurship is very hard, not all are successful.
I hope this helped!
