Answer:
I think you are mistaken
Explanation:
If you are new to brainly, you are supposed to ask questions and then others provide answers. Then people looking for results search up stuff and see q and a between you and whoever answered.
Answer:
-$10,000 ; is
Explanation:
The computation is shown below:
The economic profit is
= Revenues produced - labor, wages, materials, rent, and other explicit costs incurred - giving amount
= $150,000 - $120,000 - $40,000
= -$10,000
Now the normal profit is
= Total revenues produced - Total cost incurred
= $150,000 - $120,000
= $30,000
So, the economic profit is -$10,00 and he is earning a normal profit
Answer:
computer support specialist
Explanation:
they basically analyze, troubleshoot, and evaluate stuff/problems with computers
Answer:
The disallowed loss may be used to offset gain on the subsequent sale
Explanation:
A recognized gain or loss is simply refered to as the gains or losses that increase or decrease the gross income of taxpayers.
The Internal Revenue Code (IRC) §267 had laid out rules guiding or relations to the deductions of either losses or expenses between 2 or more related parties.
The related-party loss disallowance rules states that tax laws significantly treat parties involved as though they are the same taxpayer and does not allow recognition of losses on sales to related parties and it may be able to forthrightly deduct the disallowed loss by selling the property to an unrelated third party at a gain and also oonly if the related buyer sells the property at a gain(the related-party buyer sells it for more than she purchased it for).
On the condition that the related-party buyer sells the property for less than her purchase price from the related seller, then disallowed loss expires unused.
Answer and Explanation:
Classical Theory:
Classical theory states that the economy is free flowing and that there should be no outside intervention. It states that the prices and wages move up and down freely. During good times the prices and wages tend to increase and during bad times or recession the prices and wages are adjusted accordingly to downwards.
Another vital information pertaining to classical theory is that it states: economy is always at full employment level of output. Which means that the aggregate supply curve is vertical and this implies that the increase in aggregate demand or a decrease in aggregate demand will lead to increase or decrease respectively. However, the output will remain same in the economy when it comes to the classical approach.