Answer: B - $7,150
Explanation: Standard taxation is an option by IRS to reduce an inidvidual taxable income. this is subject to an individuals filling status.
Phil who is aged 20, single and who can claim a dependent on his parents tax filling return. As of 2019, his standard tax deduction is limited to his earned income plus $350.
According to the above question, Phil earns $7,000 as wages plus $150 in interest income.
From the above information, Phil has a standard tax of $7,150.
Answer:
No, Kamal's father, Mr.Kishanlal is not justified in his point of view because although it is true that money is needed to start a new business but money is not that much necessary as many other things. To start a new business and make it a success, passion, new idea and determination is much needed. If you are passionate to start something new and provide people value then it will be very easy to become successful. You should have a new idea to start a business. You should provide people with ease with the help of your new idea and new product or service. People will definitely but your products and services if it is something of value. You should have an urge to be determinant. There are many entrepreneurs, who have not much money when they started a business, but with their passion and handwork they became successful i,e, Jeff Bozos, Bill Gates, Steve Jobs etc.
Answer:
<u>$38.5 million</u>
Explanation:
Since the April Wood incoming transactions-accounts receivable increased by 4 million we obtain the cash value by substracting the question total accounts receivable value from the sales.
Where;
sales= $42.5 million
accounts receivable increase= $4 million
Amount of cash April Wood Products received from customers during the reporting period=
$42.5 million - $4 million= $38.5 million
Answer:
$75
Explanation:
As per the data given in the question,
Ke = risk free rate of return + beta×(market portfolio - risk free rate of return)
= 8% + 0.60 × (18% - 8%)
= 8% + 6%
= 14%
= 0.14
Now using the constant-growth DDM model :
Intrinsic value of the stock = Dividend ÷ (Ke - expected growing rate)
= $3 ÷ (0.14-0.10)
= $75
Hence, Intrinsic value of the stock is $75.
Answer:
d. neither will advertise.
Explanation:
A game theory is used to analyse the choices of firms in an oligopoly.
A collusion is when two or more firms come together to make a decision usually concerning price.
If both firms advertise, the profit is less than when both firms don't advertise. Therefore, if both firms collude, they would agree not to advertise in order to maximise profits.
But the Nash equilibrium would be for each firm to advertise.
Nash equilibrium is the best strategy for a player in a game regardless of what the other player plays.
I hope my answer helps you.
