The greenhouse effect is caused solely by human activity. a. True b. False

Heather owns a two-story building. The building is used 40% for business use and 60% for personal use. During 2020, a fire cause

Sonbull [250]

Answer:

Explanation:

cost of building = $800,000

business = $800,000 x 40% = $320,000 - $100,000 (depreciation) = $220,000

personal use = $800,000 x 60% = $480,000

adjusted basis:

business = $220,000

personal use = $480,000

decline in FMV:

business = $700,000 x 40% = $280,000

personal use = $700,000 x 60% = $420,000

loss on building (lesser of basis of decline in FMV):

business = $220,000

personal use = $420,000

recovery from insurance company $600,000

business = $600,000 x 40% = $240,000

personal use = $600,000 x 60% = $360,000

gain/loss on building:

business = $175,000 - $220,000 = -$45,000 (loss)

personal use = $360,000 - $420,000 = -$60,000 (loss)

gain/loss on contents:

business = $240,000 - $220,000 = $20,000 (loss)

personal use = $65,000 - $50,000 = $15,000 (gain)

AGI before the fire = $100,000

+ business gain on building $20,000

- business loss on contents ($45,000)

- personal loss on building up to personal gain ($15,000)

+ personal gain on contents $15,000

heather's AGI after the fire = $75,000

4 0

4 years ago

1. Read the information in the chart about two trading partners. Then answer the question that follows. Based on the information

alex41 [277]

Answer:

1. Read the information in the chart about two trading partners. Then answer the question that follows. Based on the information in the chart, which of the following is correct? Select all that apply.

A) Country X should specialize in automobiles and Country Y should specialize in airplanes.

D) Country X has both an absolute and a comparative advantage in the production of automobiles.

E) Country Y has a comparative advantage in the production of airplanes.

2. While the balance of payments involves a record of all transactions between individuals, businesses, and the government within a particular country, the balance of trade deals solely with

C) imports and exports

3. Read the passage. Then answer the question that follows.

In 2013, the United States negotiated a new trade deal with Japan in the hope of increasing US rice manufacturers' access to the valuable Japanese consumer market. The Japanese increased the amount of rice that it would import at a low import tax rate to 682,000 metric tons, while any rice imported from the United States over that amount would be subject to a much higher import tax.

This trade policy represents the implementation of a combination of what two types of economic barriers to trade?

D) tariffs and a quota

4. How do economic barriers to trade impact countries that enact them? Select all that apply.

C) by limiting consumer choice

E) by causing prices of domestic goods to rise

5. Why do some people oppose free trade agreements?

B) Free trade agreements usually require countries to reduce trade barriers that protect domestic industries.

6. Use the table of currency exchange rates to answer the question.

A family from Zimbabwe, which uses the US dollar as its official currency, is planning to travel. They want to go to the country where they will receive the MOST local currency for their dollars. Which country should they visit?

Kenya

7. Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.

A) Japanese importers of goods from the United States

E) Japanese tourists visiting the United States

Explanation: Just took the test and these are what they say are the correct answers.

6 0

3 years ago

What is latin america's "informal sector", and how does it serve as a barometer for its economy? in your discussion please provi

Grace [21]

The informal sector (also known as informal or "grey" economy) is not taxed or monitored by the government and is made up of people who are self employed. The informal sector can be large or small depending on the country, and is hard to measure. The contributions of the informal sector are not calculated into a country's GDP.

8 0

4 years ago

University XYZ has issues with their student experience and also a very low rating with their support for their students (custom

bulgar [2K]

Explanation:

First, the university must consider implementing new strategies that will be paramount for its systems to be improved.

The first step is to redo the customer service policy, the main flaws of the current system must be considered and carry out research with students on their view of the negative points of support and how they believe it would be more effective service. Based on the results and analysis of the surveys with the public, it would be effective to redo the policy for attending students, based on ethics, control and constant monitoring.

With more effective policies, it will be effective to adopt a strategy to optimize university systems through automation, so that more generalized questions and support are answered more quickly, in addition to appropriate and trained professionals to serve students effectively.

8 0

4 years ago

Budgeted production is calculated by: Multiple Choice

SOVA2 [1]

Answer:

Budgeted Production is obtained by adding Sales to the desired finished goods inventory and subtracting beginning finished goods inventory.We move opposite to get to the budgeted production .

For example if we have $ 300,000 sales and desired ending inventory is $ 50,000 and finished good beginning inventory is $ 25,000 so the budgeted production would be

Budgeted Production = Sales + Desired Ending Inventory - Beginning Inventory

Budgeted Production = $ 300,000 + $ 50,000- $ 25,000= $ 325,000

5 0

4 years ago