Answer:
The number and characteristics of sellers and buyers is called market structure.
Explanation:
hope it help
Answer:
$34,000
Explanation:
Because the SUV weighs over 6,000 pounds, it is not subject to the statutory dollar limits on luxury automobiles.
Under section 179 expensing (limited to $25,000 for SUVs)
= $25,000
Regular MACRS:
= [($70,000 - $25,000) × 0.20}]
= 9,000
Ariff's maximum deduction for 2019 would be:
= $25,000 + $9,000
= $34,000
Answer:
Bodily Injury Liability
Explanation:
Since the accident that left Francis seriously injured was Evan's fault, the automobile Insurance policy that will cover the cost of Francis's treatment would be Bodily Injury Insurance Policy.
When a user of this Insurance policy cause a car accident that injures another person, bodily injury liability coverage helps pay for the medical expenses of the person or persons injured.
One should carry a bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy.
This goes to define Bodily injury liability as a car insurance coverage that pays for injuries a driver causes to other people, including other drivers, passengers and pedestrians. This policy covers or takes care of medical expenses and lost wages as well as legal and funeral expenses in some cases of the injured persons.
Answer:
5.65%
Explanation:
Last year a stock of $78.00 was bought
During the period of one year $2.70 was received in dividend and inflation averaged 3.2%
Today the shares was sold for $82.20
The first step is to calculate the nominal return
= ($82.20-$78.00+$2.70)/$78.00
= 6.9/78
= 0.0885×100
= 8.85%
Therefore, the approximate real rate can be calculated as follows
= 8.85%-3.2%
= 5.65%
Hence the approximate real rate of return on this investment is 5.65%
Answer: $150,000
Explanation:
Seeing as the litigation expense will only be paid in 2018, it should be added back to income for 2015.
= 900,000 + 100,000
= $1,000,000
As the depreciation will reverse evenly over the next three years and with future income probable, it should be removed from income.;
= 1,000,000 - 300,000
= $700,000
Municipal Bonds have the advantage of being Tax-exempt so their interest income should be removed to calculate how much tax should be paid.
= 700,000 - 200,000
= $500,000
2015 Income Tax Payable = 500,000 * 30%
= $150,000
