Answer:
Options includes:
<em>Penny’s racing income - Includable or excludable (choose one)
</em>
<em>Penny;s racing expenses – Deductible or non deductible (Choose one)
</em>
<em>Gross income for tax – Increases or decreases (choose one)</em>
<em />
Penny’s racing income is includable in Gross Income
Penny's racing expenses is Non-Deductible. This is because Miscellaneous expenses deduction has been eliminated. No hobby expenses will be deductible
Gross Income for Tax will Increase. This is because hobby income increases and this in turn increase the gross income for tax.
The benefits of the 5-speed manual transmission includes sporty driving feel, quick acceleration and full control of gear selection.
<h3>What is a
5-speed manual transmission?</h3>
This transmission system relates to a sporty-based engine because its ensure that full gear are used for high accelaration of the vehicle.
In conclusion, the benefits of the 5-speed manual transmission includes sporty driving feel, quick acceleration and full control of gear selection.
Read more about transmission system
<em>brainly.com/question/14646065</em>
Answer:
b) credit of $520,000 to Bonds Payable
Explanation:
Date Accounts titles and explanation Debit Credit
Oct. 1 Cash $520,000
Premium on bonds payable $20,000
Bonds payable $500,000
(To record the issuance of bond at premium)
When a consumer has to decide between buying a new smartphone or renting a new car, the determination of opportunity costs is difficult, as both the expenses have different utilities.
<h3>What is opportunity cost?</h3>
The cost, which is undergone in order to let go of an alternative divestment of such cost, is known as an opportunity cost. An opportunity costs may be backed by emotions and other external factors.
Hence, the significance of opportunity costs is given above.
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Answer:
D
Explanation:
Complementary goods are goods that are consumed together
If the cost of microchips fall, it becomes cheaper to produce hardware. As a result, there would be an increase in the supply of hardware. An increase in supply would lead to a rightward shift of the supply curve. As a result equilibrium price decreases and equilibrium quantity increases.
As a a result of the decrease in price of hardware, it would become cheaper to purchase hardware. Thus, the demand for hardware increase. Since hardware and software are complements, there would also be an increase in the demand for software. This would lead to rightward shift of the demand curve for software. . An increase in demand leads to a rightward shift of the demand curve. As a result, equilibrium price and quantity increases
