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Dominik [7]
3 years ago
8

Tyler Holdlong owns a small retail property that he inherited from his father. There are no mortgages or interest expenses conne

cted with the property. Tyler takes an annual cost recovery expense of $3,000. The property has a monthly gross income of $3,500 and monthly operating expenses of $1,100. Tyler's taxable income from this property will be taxed at a rate of 25%. What is the tax liability for the year?
a. $10,500b. $7,950c. $7,200d. $6,450
Business
1 answer:
boyakko [2]3 years ago
4 0
I think it’s b good luck
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reducing the price of laptop computers is considered a (one word) incentive since the opportunity cost decreases when the price
prohojiy [21]

Reducing the price of laptop computers is considered a - Positive incentive since the opportunity cost decreases when the price falls.

Answer is - Positive

Positive incentive

A positive incentive degree is an monetary, legal or institutional measure designed to inspire beneficial sports. wonderful incentive measures encompass for example incentive payments for natural farming, agricultural land set-apart schemes as well as public or supply-aided land purchases or conservation easements.

What are examples of positive incentive?

Positive incentives reward effective work conduct which includes collaboration among personnel and assembly deadlines. high-quality incentives can include reward, bonuses, profession advancements, incomes extra holiday days, present certificates and other monetary rewards.

What's Positive incentive in psychology?

Positive-incentive price is the predicted satisfaction involved inside the overall performance of a selected conduct, consisting of ingesting a selected food or consuming a selected beverage. it is a key element of the high quality-incentive theories of hunger.

Learn more about Positive incentive here :- brainly.com/question/25225649

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6 0
2 years ago
MIT economist Jerry Housman has estimated the price elasticity of demand for Post Raisin Bran cereal to be -2.5 and the price el
Diano4ka-milaya [45]

Answer:

The demand for Post Raisin Brand cereal is: ELASTIC  

the demand for all types of breakfast cereals is: INELASTIC

Explanation:

To calculate the price elasticity of demand (PED) we can use the following formula:

PED = % change in quantity / % change in price

  • If PED > 1, the demand is price elastic
  • If PED = 1, the demand is price unitary
  • If PED < 1, the demand is price inelastic

*The PED always results in a negative number, e.g. price deceases, quantity increases, but for practical reasons we convert the negative number into a positive (we use absolute values) when we are determining the elasticity.

5 0
4 years ago
Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services. Dolor
natita [175]

Answer:

revenue cycle

Explanation:

Dolores Yu provides a payroll processing business. According to question, service has been rendered and now its time to collect bills for those service.

Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

5 0
3 years ago
Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts
andre [41]

Answer and Explanation:

The computation is shown below:

Amount Uncollectible is

= $128,500 × 6%

= $7,710

Now the bad debt is

= $7,710 - $905

= $7,105

The adjsuting entry would be

Bad Debt A/c Dr $7,105

       To Allowance for Doubtful Debts $7,105

(being bad debt expense is recorded)

here bad debt expense is debited as it increased the expenses and credited the allowance as it decreased the assets. Also the expenses and assets contains normal debit balance

8 0
3 years ago
An investor purchases a mutual fund for $80. The fund pays dividends of $2.30, distributes a capital gain of $3, and charges a f
igomit [66]

Answer:

10%

Explanation:

Rate of Return = (Sale Price + Net Income Received - Purchase Price) / Purchase Price

Rate of Return = ($85.70 + ($2.3 + $3 - $3) - $80) / $80

Rate of Return = ($85.70 + $2.3 - $80) / $80

Rate of Return = $8 / $80

Rate of Return = 0.1

Rate of Return = 10%

So, the net rate of return from this investment is 10%

6 0
3 years ago
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