Answer:
The net income is $39,060
Explanation:
The computation of the net income is shown below:
As we know that
net income = Sales revenue - expenses
where,
Sales revenue is
= Camping fees revenues + general store revenues
= $139,400 + $30,600
= 170,000
And, the expenses is $130,940
So, the net income is
= $170,000 - $130,940
= $39,060
hence, the net income is $39,060
Answer:
Option (b) is correct.
Explanation:
Given that,
If a bank posts
Nominal interest rate = 4 percent
Expected inflation = 3 percent
Real interest is defined as the difference between nominal interest rate and inflation rate.
Expected Real interest rate = Nominal interest rate - Inflation rate
= 4 percent - 3 percent
= 1 percent
Therefore, the expected real interest rate is 1 percent.
Answer:
c. $10,340
Explanation:
For year 2018, the deduction for medical expense is amount of qualified medical expense that exceeds 7.5% of AGI.
Expenditure Richard can deduct as medical expense = $5300 + $7900 + $5100 + $830 + $960 - 7.5% * $130000
= $10,340
As such option c is correct and other options a, b, d and e are incorrect.
Answer: D. A confidence interval is used to test a claim about two population proportions.
Explanation: Confident interval estimate is a type of estimate computed from statistics of observed data.
The confident interval estimate of the difference between two population proportions will use a standard deviation based on estimated values of the population proportion. The confident interval will be used to estimate the difference in the two population proportions, but it will not be used to test claim about two population proportions because it can not.
Answer:
<em>Discretion</em>
Explanation:
In the legal system, <em>discretion is most often described as a judge's ability to choose where, how and how severely a person who has been convicted should be sentenced.</em>
An individual decides to use his or her options and decides what to use, whether he or she is a police officer who arrests a person on the street (criminal) or expels someone from an apartment (civil) or anywhere between.
There are some cases overruling or undermining the rule of law by imposing control.
Nevertheless, legislation can not be written without discretion, so the rule of law helps to direct discretion against societal expectations, standards and, at least in part, public interest.