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Scorpion4ik [409]
3 years ago
7

The Department of Service Financing in the city of Belmont, New York, has been experimenting with having city units provide serv

ices in-house versus having private contractors provide the same services. In the city's ground department, half of the landscaping work is performed by city crews, whereas the other half is performed by a private landscaping firm. The city manager has collected random samples of weekly expense report data for both providers. She asks you to conduct a difference of means test. What can the city manager conclude about the difference between in-house and private-service provision

Business
1 answer:
Rina8888 [55]3 years ago
5 0

Answer:

Using paired sample t test for means in attached file

Explanation:

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Tam attended Brown University during 2016–2020. She lived at home and was claimed by her parents as a dependent during her entir
MakcuM [25]

The amount of student loan interest that Tam and her spouse can deduct in 2021 is <u>$800</u>.

<h3>What is a qualified student loan?</h3>

A “qualified education loan” is student loan incurred for qualified higher education expenses. A private student loan is a student loan partially outside the cost of attendance to a particular educational institution.  Only qualified education loans attract deduction of interest from tax.

According to the IRS guidelines, the maximum qualified student loan interest for 2021 is $2,500.

<h3>Data and Calculations:</h3>

Tam's education expenses = $10,000

Scholarships = $2,000

Federal student loan = $6,000

Local lending institution = $4,000

Interest in 2021 on federal student loan = $600

Interest in 2021 on local lending = $400

The interest rate = 10% ($600/$6,000 x 100) or ($400/$4,000 x 100).

Non-qualified loan = $2,000 paid by scholarships

Interest on non-qualified loan = $200 ($2,000 x 10%)

Total deductible qualified student loan interest = $800 ($600 + $400 - $200)

Modified AGI with spouse = $132,000

Thus, the amount of student loan interest that Tam and her spouse can deduct in 2021 is <u>$800</u>.

Learn more about deductible student loan interest at brainly.com/question/12146314

5 0
2 years ago
Agent Simpson tells residents of a neighborhood minorities are moving into the neighborhood and property values are sure to plum
Drupady [299]

Answer: Blockbusting

Explanation:

Blockbusting could be defined as when an individual or someone that's into real estate tries to convince a particular set of people(mostly white) living in a neighborhood to sell their property describing to them that those property would soon depreciate in value and this promotes fear in the heart of occupants of those property. Most times the agents do this for their own gain rather than stating the obvious and it's illegal to do. Agent Simpson is practicing blockbusting kind of descrimination.

3 0
3 years ago
The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi
Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0
3 years ago
Petro Roos is thinking of purchasing the business premises rather than renting it. Provide Two separate advantages and two separ
lilavasa [31]

Answer:

Advantages of buying business premises

There are considerable advantages to securing a mortgage to buy business premises, including:

  1. your mortgage repayment is likely to be similar to or less than a rental payment on the same property
  2. with a fixed rate mortgage, your monthly repayments will be predictable
  3. you aren't exposed to any sudden, large rent increases
  4. you may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra income
  5. interest payments on a commercial mortgage are tax-deductible
  6. any gain in value of the property will increase your capital
  7. as your business grows, you may be able to extend your existing premises, avoiding relocation costs
  8. you have control over what alterations you want to make to your office space

Disadvantages of buying business premises

The disadvantages of buying business premises include the following:

  1. Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.
  2. If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.
  3. If you have a variable rate mortgage, you are exposed to increases in interest rates.
  4. Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.
  5. Repaying a commercial mortgage
  6. Commercial mortgage fees and costs
  7. Book traversal links for Advantages and disadvantages of buying business premises

Explanation:

4 0
2 years ago
The following information is for MTC Harry Company:
neonofarm [45]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total manufacturing costs:</u>

total manufacturing costs= Raw materials used in production as direct materials + Direct labor costs + (Manufacturing overhead (actual) - Under-applied manufacturing overhead)

total manufacturing costs= 95,000 + 100,000 + (250,000 - 25,000)

total manufacturing costs= $420,000

<u>Now, the cost of goods manufactured:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 130,000 + 420,000 - 145,000

cost of goods manufactured= $405,000

<u>Finally, the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 65,000 + 405,000 - 80,000

COGS= $390,000

3 0
2 years ago
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