Answer:
D) $60,000
Explanation:
Loss which Karen can report on her tax return will be 50% of the loss for the year = 50% of $ 120,000 = $ 60,000
The scenario between Mandi and the car dealer is simply known as a assumptive close.
<h3>What is a assumptive close?</h3>
An assumptive close simply means when one assumes that a customer plans to buy a product and then encourages the person to do so.
In this case, the car dealer simply encouraged Mandi to purchase the car. This illustrates an assumptive close.
Learn more about dealer on:
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Answer:
$105,547
Explanation:
Original cost of machine = $270,000
Machine sold for = $150,000
Book value = $120,000
Down payment = $30,000
$60,000 payable on December 31 each of the next two years
.
Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911
The amount of the notes receivable net of the unamortized discount:
= Amount paid on December 31st × Present value of an ordinary annuity
= $60,000 × 1.75911
= $105,547
Answer: The Peruvian Sol supply will be reduced.
A rise in price of the Peruvian Sol against the U.S. Dollar.
The US dollars price for Peruvian Sol will increase.
Explanation:When there is a decreased Peruvian capital investment in the U.S. The need to source for the U.S. Dollar by Peruvian will decline,making the Peruvian Sol supply to the U.S. to decrease.
A decrease in capital investment by the Peruvians will ensure that they don't source for the U.S Dollar to buy for spending in the U.S economy.
This will lead to an increased U.S Dollar price for the Peruvian Sol due to a reduced supply of the Peruvian Sol.
The supply of Peruvian Sol to the U.S. economy will Decline.