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Marrrta [24]
2 years ago
6

Campbell a single taxpayer, has $400,000 of profits from her general store that she operates as a sole proprietorship. She has $

100,000 of employee wages, $40,000 of qualified property, and $500,000 of taxable income before the deduction for qualified business income. How much is Campbell's deduction for qualified business income?
A) $80,000

B)$0

C) $100,000

D) 26,000

E) $50,000
Business
1 answer:
ella [17]2 years ago
8 0

Answer:

A) $80,000

Explanation:

According to the Internal Revenue Service (IRS), the deduction would be claim as a lower value of 20% qualified business income plus 20% of real investment or 20% of taxable income less net capital gains

So, 20% qualified business income = $400,000 × 20% = $80,000

And, the 20% of taxable income = $500,000 × 20% = $100,000

So, the lower value would be $80,000

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Marisol recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the ho
lukranit [14]

Maria recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the house, she may have to use price skimming

<h3>What is price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Price skimming is commonly used for new technologies. DVD players are an excellent example of this. When DVD players first became available in the late 1990s, they could cost up to $1,000. If you do a quick search on Amazon, you'll find that a new DVD player costs only $33.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. When a product is new to the market, skimming is commonly used (in its introduction or growth phase)

To know more about price skimming follow the link:

brainly.com/question/24263055

#SPJ4

3 0
1 year ago
Your company sells consulting services in legal forecasting to multinationals studying foreign market entries. In some countries
enot [183]

Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in <u>domestic markets</u>, the predictions will be MUCH MORE accurate than when forecasting legal decisions in <u>foreign markets</u>.

<h3>What is the difference between domestic and foreign markets?</h3>

The difference between domestic and foreign markets is that a company offering forecasting legal decisions will be very more familiar with the domestic market than the decisions that can be taken in foreign markets.

Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in <u>domestic markets</u>, the predictions will be MUCH MORE accurate than when forecasting legal decisions in <u>foreign markets</u>.

Learn more about domestic and foreign markets at brainly.com/question/15115779

8 0
2 years ago
Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books 4) and other educational sup
sashaice [31]

Answer:

The opportunity cost is $24,000

Explanation:

Giving the following information:

Suppose your expenses for this term are as follows:

tuition: $12,000

Room and board: $6,500

Books and other educational supplies: $1,500.

Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000.

Costs of college:

tuiton= 12000

Books= 1500

Lost of salary= 10,500

Total= $24,000

8 0
3 years ago
Naomi is planning to get a job after graduating from college. Which explains why she should establish a positive credit history?
AleksandrR [38]

Answer:

A). She will appear more responsible to future employers.

<u>Multiple choices</u>

A). She will appear more responsible to future employers.

B). She will be able to do the job better.

c). She will be able to complete her job search application better.

D). She will get an increase in the interest rate on her student loans.

Explanation:

A positive credit score is a result of responsible use of income against the debts incurred. It shows an individual is good at managing their personal finances. A negative credit score paints a bad picture of an individual. It communicates a lack of self-discipline in managing debts.

A positive credit score will portray Naomi as responsible in using her finances. Her employers will view her as good at managing money.

6 0
3 years ago
Read 2 more answers
어떻게 우리를 괴롭히는 그만 할 수 있어요?​
Tamiku [17]

Answer:

저도 몰라요

Explanation:

6 0
3 years ago
Read 2 more answers
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