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algol [13]
4 years ago
15

Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 2

3rd of the current year, what is the total amount she may deduct with respect to the start-up costs for her initial year, rounded to the nearest whole number?
Business
1 answer:
Lerok [7]4 years ago
3 0

Answer:

$3,544

Explanation:

The maximum immediate expenses amount of $5000 phases out for dollar if more than $50,000 of start-up cost are incurred. Thus, the immediate expensing is  $3,000

   ($5000 - ($52,000 - $50,000))

∴ ($5000 - ($2000) = $3000

The amortization is $544

($49,000/180) × 2 months

= $544

The total amount she may deduct = $3000 + $544 = $3544.

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The inaccuracy of the grapevine has more to do with the message output than with the input.A. TrueB. false
Ostrovityanka [42]

Answer:

B

Explanation:

Grapevine is a form of informal communication in an organisation. Most of the information spread through the grapevine are gossips which are usually untrue. Thus, the inputs (false stories) are usually false

7 0
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LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied
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8 0
4 years ago
Moody Farms just paid a dividend of $3.40 on its stock. The growth rate in dividends is expected to be a constant 5 percent per
tekilochka [14]

Answer:

$76.76.

Explanation:

The current share price of Moody Farms is $76.76. We use dividend growth model or Gordon Growth Model to calculate share price of Moody Farms. The formula of Dividend Discount Model is:

Po = [Do (1 + g) ] / (r - g)

Po = Current Share price

Do = Current dividend

r = Rate of return

g = growth of dividend

When investors return is 13% for 3 years,

Po = [ $3.40  ( 1 + 0.05 )^3 ] / (0.13 - 0.05 )

Po (1-3 years) = $30.40

Po (3-6 years) = [ $3.40  ( 1 + 0.05 )^6 ] / (0.11 - 0.05 )

= $41.61

Po (7 years and indefinitely) =$3.40  ( 1 + 0.05 )^7

= $4.78

The current share price for Moody Farms will be $30.40 + $41.61 + $4.78 = $76.76

7 0
3 years ago
If your nominal wage rises from $10 to $12 while the CPI rises from 150 to 180 will your real wage increase, decrease, or stay t
dimaraw [331]

Answer:

A. Stay the same

Explanation:

We need to compare the rate of price change and the rate of inflation.

Rate of price change =    <u> $12 - $10</u>   x 100

     $10

=2/10 x 100

=0.2 x 100

=20%

inflation rate= <u>CPI year 2​- CPI year</u> 1    x 100 %

                           CPI year 1​​

  =180 -150    x 100

   150

=30/150 x 100

=0.2 x 100

=20%

The price change are the inflation rate are the same.The real wages will stay the same

4 0
3 years ago
Read 2 more answers
Brie signs an instrument in which she promises to pay Carmen a certain price for her Dodge Dart. The instrument will be negotiab
kakasveta [241]

Answer:

B) ​money.

Explanation:

Characteristics of a negotiable instrument

  1. Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
  2. Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
  3. Rights: the transferee can take legal action to claim the honoring of the instrument.
  4. Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
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8 0
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