Answer:
I've seen before accounts can get removed by mods so maybe ask a moderator to disable your account.
Answer:
a. Compute Werbung's taxable income and tax for the year.
taxable income = $430,000 (revenue) - $355,000 (operating expenses) + $25,000 (long term capital gains) - $2,000 (long term capital loss) - $30,000 (short term capital loss) = $68,000
Corporations must include all their income and gains/losses under operating income, only individuals (including self employed, sole proprietorships and partnerships) can segregate between regular income and capital gains or losses.
b. Assume the same facts except that Werbung's long-term capital gain was $50,000.
taxable income = $430,000 (revenue) - $355,000 (operating expenses) + $50,000 (long term capital gains) - $2,000 (long term capital loss) - $30,000 (short term capital loss) = $93,000
I am sure that it’s D. Roth IRA
Answer:
The first two solutions are attached in the excel document.
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation:
Solution 3:
Amount at which purchase on February 1 be recorded if the net method were used = $9,100*90%*97% = $7,944
Answer:
Option "B" is the correct answer to the following statement.
$15
Explanation:
Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.
Marginal Benefit = New revenue - Old revenue
= ($40) - ($25)
=$15
So,the Marginal Benefit for Lionel's Lawn Care is $15 .