Answer: d. Mary's made her decision at the marginal because the considered the benefit and cost of one additional hour of playing the piano.
Explanation: Making marginal decisions or making decision on the margin involves making comparison between the cost and benefit attached to a particular behavior or involvement before making a decision. In the scenario above, the additional benefit attached to playing one more hour of piano and the cost incyrred by cutting reading hour by one hour was weighed and considered by Ben before finally making a decision. This means the decision was made on the margin.
A catchy statement will get their attention more than any of the other options. Hence it’s name, a catchy statement.
Answer:
Total debits balance = 8466
Explanation:
Cash = 480
Account receivable = 570
prepaid insurance = 96
Supplies = 270
Equipment = 4500
Salaries and wages expense = 1900
Rent expense = 650
Total debit balance on the trial balance = 8466 at dec 31,2022 because all above should be debit balance.
Answer:
$ 62,500
Explanation:
1. calculating weekly revenue: 85 clientX25 dollars
85x25=2,125.00
2. Annual income: 2, 125x52=110,500 dollars.
3. Annual expenses: =48,000 dollars
4. Annual revenue: revenue - expenses=62,500.00
Annual income dollars: 62,500.00
Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.
In filing, a married couples who are filling separate returns should claim the same deduction.
- If one of them claimed an Itemized deduction, then, the other should claim the same for the expenses paid separately.
- If one of them claimed a itemized deduction then, the other would get a standard Deduction of Zero.
In conclusion, Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.
Read more about standard deduction
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