Answer:
C. $11,000
Explanation:
For computational purposes, both the Mortgage interest as well as the miscellaneous itemized deducted qualify as deductions based on the Schedule A which is the regular tax purposes.
However, only Mortgage interest will be allowable itemized deduction because miscellaneous itemized deductions fall under the category of adjustments and as such do not qualify for deductions under the AMT which is the Alternative Minimum Taxable Income.
Based on the explanation, only $11,000 of mortgage interest qualifies.
Answer: $5416.64
Explanation:
Based on the information given, $5000 will be deducted from its organizational cost of $17500, and we'll have $12500. Then, the capitalized cost over 6 months that's 180 days will be:
= Non deductible cost / 180 months
= $12500 / 180
= $69.44 per month
Since Ajax Inc began operation in July, the ammortization will be:
= $69.44 × 6 months
= $416.64
The amount that Ajax can deduct from its $17,500 organizational costs on its first tax return will be:
= $5000 + $416.64
= $5416.64
Answer:
The answer is "$8.33billion".
Explanation:
Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.
1/3 of the $25billion = $8.33 billion.
Conjoint studies are run to understand how
consumers make TRADEOFFS. Tradeoffs is a technique wherein the person
literally reduce an outcome in order to achieve a more desirable result that is
beneficial to that person. In conjoint studies, people will weigh the product
by its features and uses and will choose what is the most preffered feature to
the least preferred feature.
Answer: The probability that a particular top executive reads either time or US news and world report regularly is 0.65
Explanation: Let's say TM represents Time Magazine, NS represents Newsweek, and UW represents U.S news & World report.
Probability of TM readers (P.TM) = 0.35
Probability of UW readers (P.UW) = 0.40
Probability of both TM and UW readers (P.TM ∩ P.UW) = 0.10
Probability of both TM or UW readers (P.TM ∪ P.UW) = ?
Given the probability equation of:
(P.TM ∪ P.UW) = (P.TM) + (P.UW) - (P.TM ∩ P.UW)
= 0.35 + 0.40 - 0.10
= 0.65
Therefore the probability that a particular top executive reads either time or US news and world report regularly is 0.65
