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Sindrei [870]
3 years ago
5

Selma owns a beach cottage that she rents to tourists. In the current year she rented the cottage for 90 days. What is the maxim

um number of days Selma can use the cottage before her expense deduction will be limited to her gross rental income?
(A) 0 days
(B) 9 days
(C) 14 days
(D) 18 days
Business
1 answer:
ElenaW [278]3 years ago
6 0

Answer:

correct answer is option (B) 9 days

Explanation:

given data

rent cottage = 90 days

solution

When  assets and anything that is on rent in that case rent is receive. that is get on basis of day of letting  rent and it is income for the company

Selma use cottage maximum of 14 day or 10% of the rental day

10% of 90 day is 9 day  

correct answer is option (B) 9 days

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4 years ago
PLEASE HELP 100 POINTS AND BRAINLIEST ASAPDescribe the steps you would take to prepare yourself for a new job.
BaLLatris [955]

Answer:

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4 0
3 years ago
Read 2 more answers
A general motors financial analysts needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his
gladu [14]

Answer:

The real gain is 18.2%

Explanation:

Given

GDP in 2000 = $672 billion

GDP in 2010 = $1,69 billion

Interest rate in 2000 = 6.79%

Interest Rate in 2010 = 3.71%

Deflator in 2000 = 24

Deflator in 2000 = 51

Real gain is calculated as follows;

Division of real GDP gain for both years - 1.

To calculate the real GDP gain in 2000 and 2010.

This is calculated by; Nominal GDP/ deflator

In 2000; real GDP gain = $672b/24

Real GDP gain = $28b

In 2010; real GDP gain = $1690b/51

Real GDP gain = $33.1b

Calculating the real gain

Real gain = Real GDP gain in 2010/Real GDP gain in 2000 - 1

Real Gain = $33.1b/$28b - 1

Real Gain = 1.182 - 1

Real Gain = 0.182

Real Gain = 18.2%

Hence, the real gain is 18.2%

4 0
3 years ago
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Which is true of someone with a low credit score? i. they probably make on time payments. ii. they may not be able to rent the a
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They are more likely to miss a payment than someone with a high credit score is the answer .
5 0
4 years ago
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A country currently has a population of 100 million and an annual growth rate of 3.5 percent. If the growth rate remains constan
pogonyaev

Answer:

D. 400 million

Explanation:

Current Population of the country = 100 million

growth rate per year = g = 3.5%

Number of Years = n = 40 Years

Population after 40 year  = ?

To calculate the population after 40 year use following formula:

Population after 40 years = Current year population x ( 1 + growth rate )^ number of years

Population after 40 years = Current year population x ( 1 + g )^{n}

Population after 40 years =  100 million x ( 1 + 0.035 )^{40}

Population after 40 years =  100 million x ( 1.035 )^{40}

Population after 40 years =  100 million x 3.959259

Population after 40 years =  395.93 million

Population after 40 years =  400 million ( Rounded off to nearest hundred )

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4 years ago
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