Answer:
$4,424
Explanation:
Calculation to determine what amount would you have lowered your federal income tax
Using this formula
Reduction in Federal income tax amount = (Mortgage interest + Real estate taxes) x Tax rate
Let plug in the formula
Reduction in Federal income tax amount= ($13,200 + 2,600) x 0.28
Reduction in Federal income tax amount=$15,800×0.28
Reduction in Federal income tax amount = $4,424
Therefore The amount that you would have lowered your federal income tax is $4,424
Answer:
8375 units
Explanation:
Given: Fixed expenses = $52,000, Number of units to be sold = 6500 units, target profit = $15000
At breakeven; contribution margin = fixed cost = $52000
Hence contribution margin per unit = $52000/6500 = $8 per unit
Target contribution margin = Fixed cost + Target profits
= (52000+15000) = $67000
Hence sales in units = (67000/8) = 8375 units.
Answer:
Operating Leasing
Explanation:
Legal title is retained by the seller, buyer enjoys equitable title (during the lease contract duration) of the property (e. g. using land, leased buildings or machinery for the business needs),
Answer:
The correct answer is letter "B" and "C": Keep an open mind; Separate facts from opinions.
Explanation:
At the moment of solving different-point-of-view issues, it is important to be open-minded, otherwise, we could only remain with our opinion discarding others' critic point of view that could be useful at the moment of taking decisions. Besides, it does not matter if other individuals are biased since we can separate the facts from those points of view. Separating the facts implies analyzing what others have to say in deep regardless of what their emotions can be about that matter. It implies subtracting an objective idea from a subjective point of view.
