Answer:
Correct option is B
$160,000
Explanation:
From the question above, Cost of goods sold of $160,000 is treated as a negative item in calculating gross income rather than as a deduction.
For a drug dealer like Tom, all deductions
listed above are disallowed.
Answer:
c. low and banks are unable to loan out all of their excess reserves. d
Explanation:
Lower required reserve ratio means banks have more money to lend. When banks are able to lend all its excess money, then money supply increases for citizens.
Answer:
Purchasing
Explanation:
In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.
When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry
Therefore in the given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used
<span>No, specific performance is not allowed in this case because money damages are available.
In case that a party failed to fulfill the condition that signed on the contract, the court could give 1 of 2 form of punishments.
The first is to forcibly make that party perform the condition (specific performance), the other is to pay back the loss that incurred because of that party fail to fulfill the condition (money damages)</span>