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fenix001 [56]
3 years ago
13

Allowing a tax credit for certain solar energy property can be justified: a.Based on the wherewithal to pay concept. b.As helpin

g small businesses. c.As promoting administrative feasibility. d.As promoting a government policy to use alternative energy sources. e.None of these choices are correct.
Business
1 answer:
amid [387]3 years ago
6 0

Answer: As promoting a government policy to use alternative energy sources.

Explanation:

A tax credit is a form of tax incentive which can help in the reduction of the amount of money that a taxpayer is owing the government. Here, the taxpayer can just deduct the tax credit from the total amount of taxes that the individual owe thereby leading to him paying a lower amount as tax.

In this case, allowing tax credit for certain solar energy property may be a way the government wants to make people start using other forms of energy. Giving tax credit will lead to a cheaper price for the solar energy products.

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project x has an initial cost of $20,000 and a cash inflow of $25,000 in year 3. project y costs $40,700 and has cash flows of $
Helen [10]

Project X has a $20,000 start-up cost and a $25,000 cash inflow in year 3. Project Y has a $40,700 cost and generates cash flows of $12,000, $25,000, and $10,000 over the course of its first three years. The projects are mutually exclusive, and the discount rate is 6%. You should approve the project in the end based on the irrs and npv of each individual project as well as your own assessment of those factors. X;Y:Y.

Start-up costs are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs are sums paid or expended in connection with a current profitable activity that is intended to generate money prior to the activity becoming a fully operational trade or business. Equipment, incorporation fees, insurance, wages, and taxes are just a few of the startup costs. Although startup costs will differ depending on your business's industry and type, an expense for one firm might not be applicable to another. It helps you effectively launch your firm and maintain profitability after your doors are open to understand your expenses and how you will manage them.

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3 0
1 year ago
The real estate contract for a specific property for use as an unlicensed petroleum sales operation was forced to terminate.
motikmotik

Answer: A. Impossibility of performance

Explanation:

Impossibility of contract is a doctrine where by a contract is rendered invalid on the bases of uncontrollable circumstances which renders performance of contract impossible. Impossibility of performance can be difficult to prove.

8 0
3 years ago
Michael's Yoga Studio have been entering bills for their purchases as they come in. They pay multiple bills once a week. They us
Tasya [4]

Answer: They could either use the Income and expenditure  or purchases  journal too.

Explanation:  Because its a Yoga Studio,  lots of expenses will be made  and appropriate postings are to be entered on time.

4 0
4 years ago
Read 2 more answers
The market for carbon allowances
erik [133]
The market for carbon allowances is set by the regulatory authority.
3 0
3 years ago
If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate
kodGreya [7K]
The fraction of the employed workers who lose their jobs each month or the rate of the job separation must be 0.07

Steady-state rate of unemployment multiply to the fraction of unemployed workers who find jobs each month.
0.125 * 0.56 = 0.07
The answer in this question is 0.07
6 0
3 years ago
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