Answer:
$21,000
Explanation:
NOL, Phillis and Trey's taxable income must be adjusted by:
= Standard deduction - (Interest income + Net non business capital gain)
= $24,000 - [$500 + ($4,800 - $2,300)]
= $24,000 - ($500 + $2,500)
= $24,000 - $3,000
= $21,000
Therefore, the NOL, Phillis and Trey's taxable income must be adjusted by $21,000.
Answer:
total expenditure would increase
Explanation:
the demand for ground beef is inelastic.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.
As a result of the disease, the supply of ground beef would fall. this would lead to a hike in the price of ground beef. But since demand for ground beef is inelastic, the the fall in demand would be less than the rise in price, so total expenditures would rise.
Answer:
See below.
Explanation:
The formula to calculate target profit is as follows,
Target sales = Fixed costs + Target profit / contribution per unit.
Contribution = 120 - 80 = $40
For 10,000 in profits,
Target units = (50000+10000)/40
Target units = 1500 units
For 15000 in profits,
Target units = (50000+15000)/40
Target units = 1625 units
Hope that helps.
Answer:
$61,085 million
Explanation:
Given that,
Total assets of Intel at the year end = $103,065 million
Total liabilities of Intel at the year end = $41,980 million
Accounting equation is as follows:
Total assets = Total liabilities + Stockholder's equity
$103,065 million = $41,980 million + Stockholder's equity
$103,065 million - $41,980 million = Stockholder's equity
$61,085 million = Stockholder's equity
Therefore, the Intel's total equity at year-end is $61,085 million.
It will take her 50 months if the interest grows every months. Here's the reason why:
=> in order to double up your money you need to have a 100% interest and since Amelia only have 2% interest, she needs 50 months to get the an interests that will double up her money.
