Answer:
a. Ted paid $30 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.
Is not a business expense nor it can be itemized.
b. Tyler paid $154 for minor repairs to the fence at a rental house he owned.
Repairs and maintenance expenses of rental property decrease your AGI.
c. Timmy paid $775 for health insurance premiums this year. Timmy is employed full-time and his employer paid the remaining premiums as a qualified fringe benefit.
If Timmy's medical expenses were more than 10% of your AGI, then you can deduct the difference. But I doubt Timmy earns less than $7,750.
d. Tess paid $1,880 of state income taxes on her consulting income.
If you itemize deductions, you can deduct up to $10,000 in state or local taxes.
Answer:
Activity Cost Pools Total Cost Total Activity
Assembly $498,520 44,000 machine-hours
Processing orders $54,263 1,100 orders
Inspection $77,589 1,100 inspection-hours
Explanation:
Activity Cost Pools Total Cost Total Activity
Assembly $498,520 44,000 machine-hours
Processing orders $54,263 1,100 orders
Inspection $77,589 1,100 inspection-hours
Answer:
(A) $ 2,602.34
(B) $ 4,156.97
(C) $ 8,233.47
(D) $ 46,796.64
Explanation:
We need to solve for the PMT of an ordinary annuity:
(A)
FV 24,850
time 8
rate 0.05
C $ 2,602.337
(B)
FV 1,030,000
time: 43
rate 0.07
C $ 4,156.972
(C)
FV 856,000
time 29
rate 0.08
C $ 8,233.466
(D)
FV 856,000
time 14
rate 0.04
C $ 46,796.641
Answer:
In perfect competition, the product offered is standardized whereas in monopolistic competition product differentiation is there. In monopolistic competition, every firm offers products at its own price. ... Entry and Exit are comparatively easy in perfect competition than in monopolistic competition.
Explanation:
(hope this helps)
Answer:
Dave's team is now in the fifth and the last stage.
Explanation:
There are a total of five stages in team development are as follows
1. Forming: At this stage, the creation of a new group starts, where the members appear collectively and become to understand each other during the communications.
2. Storming: Once the forming stage is completed, the people will start communicating with each other in the context of the responsibility to be performed.
3. Norming: Once the duty of each member is cleared along with the power and responsibility, the group members begin settling in a society.
4. Performing: At this stage, synergy gets built between the group members, where each and everyone acts towards the fulfillment of an objective.
5. Adjourning: This is the fifth and the last stage of group development, where the group is eliminated, and the group members are isolated from each other.
Thus, Dave's team is now in the fifth and the last stage of team development as Dave has arranged a catered lunch for his team members to celebrate last time with his group before separated from each other which is done in the fifth stage is Adjourning stage of team development.