Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
Answer:
True
Explanation:
According to the IRS, nonbusiness bad debts are debts that don't fall into any of these three categories:
- Loans to clients, suppliers, distributors, and employees
- Credit sales to customers, or
- Business loan guarantees
In order for a nonbusiness bad debt to be deductible, it has to be worthless. Nonbusiness bad debts cannot be deducted partially unlike business bad debts. They are deducted as short-term capital losses.
In this case if the taxpayer was able to collect his nonbusiness bad debt then there is nothing to be deducted. The taxpayer must include both the $8,000 (short-term capital gain) and the $35,000 (taxable income) in his gross income.
Answer:
Marginal cost is calculated by dividing the change in total cost by the change in quantity. Let us say that Business A is producing 100 units at a cost of $100. The business then produces at additional 100 units at a cost of $90. So the marginal cost would be the change in total cost, which is $90.
Answer:
Explanation:
Wage replacement ratio is the ratio of a person's gross income after retirement divided by his gross income before retirement.
We use the given information to asses his spending on his lifestyle
Salary = 100000
Saving = 15% of 100000 = 15000
Mortgage payment = 2350
The amount spent on lifestyle = 100000 - 15000 - 2350
= 82650
Thus considering only the available information
Wage replacement ratio = 82650/100000 = 82.65%
Hence,
among the given option
Jack must have 80% wage replacement ratio
