Answer: Innovative
Explanation:
(of a product, idea, etc.) featuring new methods; advanced and original.
"innovative designs"
(of a person) introducing new ideas; original and creative in thinking.
"an innovative thinker"
Solution:
Short-term capital loss of $13,000
Taxable income (not including the loss) of $123,000
He has several inventories, which can be marketed for a long-term profit.
Since Byron can only deduct $3,000 for the capital loss he must sell stock at a capital gain of $10,000 to offset the amount over the $3,000 deduction maximum.
You deposit $300 in a bank account that earns 4% compound interest annually. $444 is the value of your $300 in 10 years.
Compound interest happens whilst interest gets added to the primary amount invested or borrowed, after which the hobby rate applies to the new (large) principal. it's essential interest in the hobby, which over the years ended in the exponential boom.
Compound interest is while you upload the earned hobby lower back into your important stability, which then earns you even extra interest, compounding your returns. shall we say you have got $1,000 in a savings account that earns 5% in annual interest. In 12 months, you would earn $50, giving you a brand new balance of $1,050.
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Answer:
C. the actual cost of materials was less than the standard cost.
Explanation:
As it can be seen from the given information that
The Favorable material purchase price is $380
And, non-favorable material quantity variance is $120
So, the total favorable price variance is
= $380 - $120
= $260
This represents that the actual material cost would be lower than the standard cost
hence, the option C is correct