Answer:
Shally will not having any amount of bad debt deduction for the present year.
Explanation:
In the present year, Shally will not having any amount of bad debt deduction because she has a gain or income of $5,000. As, last year she has account receivable of $60,000 but this year she settled the account by receiving the $65,000 amount. So, she has received more amount than the basis in the receivable. Therefore, she will not have any bad debt deduction this year.
<u>Answer:</u> Option 1 and Option 5
<u>Explanation:</u>
In mixed economies under the government regulation most of the production is done by private ownership. There is very little government intervention. The main aim of the government intervention is to make sure that the private business activities comply with the law of the country.
Another result of government regulation is to control the externalities created by these business structures. Government ensures there is no externality which affects the market as well as the people. Due to these regulations there is no advantages for producer or government. Also the markets cannot be controlled with these regulations in mixed market economy.
Answer:
Dean probably will be able to get the painting back.
A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money.
An employee's profit share depends on the company's operating profit for the year.
<h3>What is a profit-sharing plan?</h3>
A profit sharing plan is a form of retirement plan where the employer contributes a percentage of the company's profits to employee retirement accounts. The contributions are usually determined by the company's profit margin and the number of years that each person has worked for the company. The sum of money that is added to the employee's account is typically decided by the employer and might range from a few percent to a set sum of money. The donations are typically placed in stocks, bonds, and mutual funds.
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Answer: y = 3.14
Explanation:
Given the line x = -5
x = -5 represents a vertical line
A line perpendicular to the vertical line x=-5 will be an horizontal line.
Given the points (1, 3.14)
x = 1, y = 3.14
According to the slope intercept equation;
y = mx + c
Where, c = intercept, m = slope
Horizontal lines have a slope of 0,
Therefore,
y = 0(1) + 3.14
y = 3.14
Therefore, equation of the line which is perpendicular to x = -5 and passes through the point (1, 3.14) is y = 3.14
