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n200080 [17]
3 years ago
13

A hurricane (declared a federal disaster) damaged a personal auto owned by Mr. and Mrs. South on June 15, 2018. Fair market valu

e before the flood $18,500 Fair market value after the flood 2,000 Cost basis 20,000 Insurance proceeds 13,000 Adjusted gross income for this year 25,000 Calculate the South's deductible casualty loss.
Business
1 answer:
QveST [7]3 years ago
5 0

Answer:

$900

Explanation:

South's deductible casualty loss = $900

Fair market value before the flood                               18500

Fair market value after the flood                                   (2000)

Decline in FMV                                                                16500

Cost basis                                                                        20000

Lesser of basis or decline in FMV                                 16500

Minus: Insurance proceeds                                           (13000)

Net loss                                                                           3500

Minus: $100 Floor                                                           (100)

10% of AGI                                                                      (2500)

Deductible Loss                                                             900

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solniwko [45]

Answer:

battery

Explanation:

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Sara would claim against Romeo for battery because Romeo did grab her, mistletoe her, and kiss her. In other words, Romeo established unwated physical contact with Sara, he did not simply threaten her to do so, or hinted at doing so.

6 0
3 years ago
There are four resources and four jobs to be done. Assume there must be one-to-one matching between jobs and resources. The time
choli [55]

Answer:

1 → A ; 2 → C ; 3 → D ; 4 → B

Explanation:

From the given information, the table can be better structured as follows:

                       Job (Hours)

Resource               A                B               C                  D

1                              5                8                7                   7

2                             4                9                5                   9

3                             6                9                8                   7

4                             7                 6                6                   9

From the table, the allocation of resources is based on the minimum number of jobs i.e. time(hours) required to do all four tasks appropriately.

These are 1 → A ; 2 → C ; 3 → D ; 4 → B

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= 23 hours

3 0
3 years ago
The reason that we want to develop a confidence interval for the population mean is because:_____.
Bogdan [553]

Answer:

3. the sampling distribution of the sample mean is normally distributed.

5. the value of the sample mean varies from sample to sample.

Explanation:

We develop confidence interval for population mean because

a. the sampling distribution of the sampling mean is normally distributed. For us to do this we must first ensure that the sample mean is large enough

B. The value of the sample mean is not the same for all samples it varies from sample to sample. Therefore it it is better that an internal is given with the probability that the parameter falls into it.

4 0
3 years ago
A country with a relatively low level of real GDP per person is considering adopting two policies to promote economic growth.The
IceJOKER [234]

Answer:

The correct answer is the letter d. Neither the first nor the second.

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