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2 years ago

A deduction from adjusted gross income for yourself,your spouse,and qualified dependents is

Business

2 answers:

dem82 [27]2 years ago

7 0

Answer:

An exemption

Explanation:

A deduction from the adjusted gross income for oneself spouse and qualified dependent is known as an exemption.

An exemption from a gross income is the amount/percentage of the income of a taxpayer that is not taxable by law. this practice helps the income earner to cater for his liabilities without having to pay taxes on the cost of his liabilities.

exemption comes in two forms which are personal exemptions and dependent exemptions.and this is offered to the worker by the internal revenue service board of the Government. an exemption can also be claimed by an individual in cases where exemptions were not made by default

valentinak56 [21]2 years ago

3 0

An exemption. Hope I helped!

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Catering Corp. reported free cash flows for 2008 of $8.14 million and investment in operating capital of $2.14 million. Catering

Neko [114]

Answer:

Catering's 2008 EBIT is $11.47 million

Explanation:

Operating cash flow = EBIT + Depreciation – Taxes

Also the same as EBIT = Operating cash flow - Depreciation + Taxes

When Operating cash flow = Free cash flows + Investment in operating capital

OCF = $8.14 million + $2.14 m illion

Operating cash flow = 10.28 million

EBIT = Operating cash flow - Depreciation + Taxes

EBIT = 10.28 million - 0.95 million + 2.1 4 million

EBIT = $11.47 million

Catering's 2008 EBIT is $11.47 million

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3 years ago

Scott defines "minority owned" in his study of businesses in Northeastern City as being those businesses that are currently owne

Sphinxa [80]

Answer:

conceptualized

Explanation:

Based on the information provided within the question it can be said that in this scenario Scott has conceptualized the concept of "minority owned". This term refers to when an individual creates an abstract but very simplified view of something. Which in this case he gave the term "minority owned" a simplified definition of being only owned by women or African Americans, when there can be many other minorities in a certain area.

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2 years ago

A business owned and run by a single individual who has rights to all profits is known as

tankabanditka [31]

The correct answer is choice A.

A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.

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3 years ago

The demand curve of a monopolistically competitive firm is _________________ than that of a perfectly competitive firm. g

Hitman42 [59]

Downward sloping ; more elastic.

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3 years ago

Bond A pays $4,000 in 14 years. Bond B pays $4,000 in 28 years. (To keep things simple, assume these are zero-coupon bonds, whic

Arlecino [84]

Answer and Explanation:

Given that Bond A pays $4,000 in 14 years and Bond B pays $4,000 in 28 years, and that the interest rate is 5 percent, we see that Using the rule of 70, the value of Bond A is 70/5 = doubled after 14 years. Now if its value is 4000 in 14 years, its current value must be halved. Hence the value is 2000.

Sinilarly the value of Bond B is approximately one fourth now because it pays 4000 in 28 years. Hence its value is 4000/4 = 1000.

Now suppose the interest rate increases to 10 percent. Hence the doubling time is 70/10 = 7 years

Using the rule of 70, the value of Bond A is now approximately 1,000 and the value of Bond B is 250

Comparing each bond’s value at 5 percent versus 10 percent, Bond A’s value decreases by a smaller percentage than Bond B’s value.

The value of a bond falls when the interest rate increases, and bonds with a longer time to maturity are more sensitive to changes in the interest rate.

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3 years ago