Answer:
The correct answer is A
Explanation:
Facing a decision for yes or not (buy or not to buy, sleep or not to sleep, eat or not to eat, and so on) you will choose to do something if this something gives you a positive marginal benefit.
In this case your situation has two sides. By one side, watching an extra episode is good and gives you utility, buy you also need to study and not tu study gives you disutilty (or it's a cost). So, you will watch your episode if it gives you more marginal benefit than the cost it gives you.
If you are in a situation where the marginal cost and benefit are already equal you won't watch another episode, as the marginal benefit will be negative.
Watching an extra episode is not free, it has an opportunity cost (study for the exam)
And about D, watching an extra episode will not always guarantee fun, think about watching 18 episodes in a row, not going to school and getting fired from job.
So, correct answer: A
The amount of medical expenses that the Blairs can deduct as an itemized deduction for 2022 will be $900.
<h3>How to calculate the amount?</h3>
From the given information, the total expenses was $3150 and there is an exceed of 7.5% if the adjusted gross income.
Therefore, the amount that will be deducted will be:
= $3150 - $2250
= $900
In conclusion, the correct option is $900.
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Angela wants to calculate her take-home pay. She earns $1,377 monthly.
She pays federal tax of $200
state tax of $41.31,
and 7.65% in FICA tax.
Let's solve for Angela's monthly net pay.
=> 1 377 dollars * 0.0765 = 105.34 dollars is the FICA tax
=> 1 377 - (105.34 + 200 + 41.31)
=> 1377 - 346.65 = 1030.35 dollars is her monthly net pay,
Answer:
Intangible Assets:
c. Purchased patent
f. Purchase of a franchise
k. Purchased copyright
Explanation:
Intangible assets are financial resources that have no physical properties. They must be acquired by the entity as a result of past events to be recognized. Examples of intangible assets are Brands, Goodwill, Intellectual properties (e.g. Trade Secrets, Patents, Trademark, and Copyrights), Licensing rights, Customer lists, and qualified R&D.
They are usually amortized over their estimated useful life. Annually, the entity must carry out impairment tests to determine if there is an impairment loss, especially for indefinite intangible assets which are not amortized.
The legal costs are not intangible assets on their own but can be capitalized. This means that they can be included in the affected intangible assets.
Answer:
The balance sheet
Explanation:
In a balance sheet, one can see the information on the assets of the company, their liabilities and the equity brought by the shareholders at any particular point in time.
In some cases, it can be referred to as statement of net worth because one can be able to see what the company owns and owes and how the assets are financed either as equity or debt.
