Answer:
d. Is reflected in income from continuing operations.
Explanation:
Taxes are defined as the amount that is levied by a government on its citizens, the funds are used to fund government expenditure.
When a business's tax rate increases the extra cost that results will be recognised as an expense in the income from operations.
On the other hand when tax rate is reduced it will result in increased income for the business.
Tax is one of the factors businesses consider when setting up operations. Locations with low tax rates are more favoured as they result in higher income.
Answer: The answer is provided below
Explanation:
Gross rental income = 4,000
Less: mortgage interest = (3500)
Less: Allocated Expense = (2000)
= 4000 - 5500
Net loss = (1500)
Since the house has been used for more than 10 days by April and Bob, the rental expense will be limited to the gross rental income that are in excess of deductions for the interest and taxes that are allocated to the rental use.
Therefore, option C is correct
2. Amount of only 10000 should be included in gross total income as the punitive damage recived.
Therefore, option B is correct.
Answer:
$1,240
Explanation:
$1,240 is inclusible: $240 of parking benefits [$3,000 - ($230 exclusible amount x 12)] and $1,000 of cash
Answer:
Her consumption spending will rise by $1.40
Explanation:
Marginal propensity to consume is 0.7. This information means that the individual will consume 70% of every single dollar she earns. Hence, if she consumer earns an extra $2, her consumption spending will rise by $1.40
Answer:
E. All materials needed per MRP element.
Explanation:
Stock Requirement List is known to be a dynamic list that shows the current status of requirement and sources for that materials. It has been arranged in such a way that any changes in the procurements or needs would be displayed in the list. it is dynamic as it is updated each time it is displayed.
The stock/requirements list displays All materials needed per MRP element
