1. is over 102 because 2 percent of 100 is 2 so you would have atleast 110
Traditionally, small businesses tended to be concentrated in the retail or retailing industry.
The retail industry involves a business that sells good or services to a consumer. The sell these items based on the demand of the good or service. Even today, the retail industry is growing fast and still one of the main focuses of small businesses.
Answer:
$4,600
Explanation:
Given that,
Tax return preparation fee = $600
Moving expenses = $2,000
Investment expenses = $500
Expenses associated with rental property = $1,500
Interest expense associated with loan to finance tax-exempt bonds = $400
Total amount that Cory can deduct:
= Tax return preparation fee + Moving expenses + Investment Expenses + Expenses Associated with rental Property
= $600 + $2,000 + $500 + $1,500
= $4,600
<span>The marginal propensity to consume is a metric
that quantifies the concept of increase in consumption with an increase in
income. Mathematically MPC is defined as:</span>
MPC = Change in consumption / Change in income
Purchase of goods and services is considered as
consumption, therefore:
Change in consumption = $16 billion
In the government’s perspective, taxes are
considered as income, therefore the problem ask us to find for the necessary change
in tax collection to maintain equilibrium GDP. Substituting the values in the
formula:
0.80 = $16 billion / Change in income
Change in income = $20 billion
<span>Therefore the government should increase the tax collection by $20
billion.</span>
Answer:
$40,047.64
Explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-87,500
Cash flow in year 1 and 2 = $42,500
Cash flow in year 3 and 4 = $37,500
I = 10%
NPV = $40,047.64
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you