Answer:
A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.
Explanation:
Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.
For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.
Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.
Answer:
C. lose money equal to its total fixed costs.
Explanation:
The revenue of a firm in a perfectly competitive market depends on the forces of demand and supply. If such a firm consistently operates at a loss in the short run, it means that its price is lower than its average variable costs or revenues are lower than its total costs. If it shuts down, it won't be incurring variable costs but only lose money equal to fixed costs making choice C correct.
Answer:
$3,700
Explanation:
Given that
Adjusted gross income for the year 2019 = $415,300
Children ages = 4, 7, and 18 as dependents
Based on the given information, Russ and Linda's total child and other dependent credit for the year 2019 is
= (Maximum amount per qualifying child + non-refundable tax credit) - (deductible amount × age)
= ($2,000 × 2 + $500) - ($50 × 16)
= $4,500 - $800
= $3,700
After $400,000 the $50 is decreased for each and every $1,000
Answer:
C.
Explanation:
attainable or to attain the goal
