Answer:
The correct answer is c. basic research.
Explanation:
Basic research or fundamental research, is the science or research that is carried out without immediate practical purposes, but in order to increase knowledge of the fundamental principles of nature or of reality itself.
By not throwing immediate benefits (economic or social), it could be seen as a simple exercise of curiosity (which is actually a basic human quality and one of the essential reasons for the scientific activity of all time). However, in a longer or shorter period the results of basic research find practical applications, in the form of commercial developments, new techniques or procedures in production or communications, or other forms of social benefit and knowledge.
The relationship between basic science and applied science (which is its opposite concept) is crucial for the interrelationship called "research and development" (R&D) or "research, development and innovation" (R&D), object of the studies of science, technology and society (STS).
Answer:
Q1. Selena will have earned <em><u>$ 25.00</u></em> in interest by the end of the year.
Since interest paid is 5% in simple interest, we can calculate that by using the formula:
Q2. The balance in Suki's account at the end of two years will be <em><u>$866.2854.</u></em>
This means that she will have earned <em><u>$66.2854</u></em> in interest.
Since interest is compounded quarterly, Suki will receive interest for 8 periods. The formula for compound interest with more than one interest period per year is:
where
A is the amount at the end of the period
P is the principal
i is interest rate per annum
m is number of compounding periods in a year
n is number of years
Substituting the values in the formula above we get,
Now, we calculate the interest earned by doing \mathbf{CI = A -P}.
Q3. It will take <em><u>18 years</u></em> for the money to double to $100.
Since we need to use the rule of 72, we'll divide 72 by the interest rate to determine the number of years needed to double the investment's value.
So, the number of years is 
.
Answer:
is made if it is more likely than not that the liability has been incurred.
Explanation:
When contingent liability is recorded it is recorded by debiting income statement and creating a liability in balance sheet, also it is not accounted for until the amount of liability is pretty certain as without being clear about its occurrence and the amount involved the liability cannot be recorded.
There is no such loss account, there exists only income statement.
Therefore, with the above we can conclude that contingent liability is recorded only if:
is made if it is more likely than not that the liability has been incurred.
Answer:
As a calendar-year taxpayer, Allison must make the new investment by December 31, 2020 to qualify for the nonrecognition election.
Explanation:
a) Data and Calculations:
Adjusted basis of building = $2,986,000
Insurance reimbursement = $3,881,800
Gain from loss = $895,800 ($3,881,800 - $2,986,000)
Investment in new building = $3,493,620
Purchase of stock = $388,180 ($3,881,800 - $3,493,620)
b) Allison is expected to make the election for the nonrecognition of the gain from loss in his Federal Tax return in the taxable year in which the gain with respect to the loss of the building is realized. The return must set forth the computation of the gain and other required details.
Answer:<em><u> Offering a discount to students and seniors</u></em> will allow the chocolatier to know which types of consumers are likely to have a lower willingness to pay.
Here the price discrimination should be in respect with the demography i.e. allow the chocolatier to sell truffles to the consumer based on their age groups.
<u><em>The correct option is (3).</em></u>
