Answer:accrual basis
Explanation: the need the truth on the accounting princess so it has to be to accrual basis
Curtis Williams is 69 years old. His wife, Mary Williams, is 67 years old. Curtis and Mary plan to file a joint return. Mary is legally blind. IRS provides high standard deduction to married couples who have age of 65 or above and blind or one of the partner is legally blind.
IRS states that if filling for joint return is done by married taxpayers in the year 2022 then normal standard deduction is $25,900. In this case Curtis and Mary both are over the age of 65 and Mary is blind too then as per IRS guidelines they will get $1,400 deduction per person for being above 65 plus Mary will get additional $1,400 deduction for being legally blind.
$25,900 + $1,400 + $1,400 + $1,400 = $30,100
Hence, Curtis and Mary's standard deduction is $30,100.
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The option that represents the rise in labor productivity will be C. GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
Labor productivity simply means the workforce productivity. It's the real ouput per labor hours. It's the amount of goods that are produced for a given time period.
An increase in labor productivity will be the increase in the GDP from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
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Answer:
The Present worth is $777930.25
Explanation:
FInd the NPV of the cashflows
NPV = 200000/(1+0.09)^1 + 200000/(1+0.09)^2 + 200000/(1+0.09)^3 + 200000/(1+0.09)^4 + 200000/(1+0.09)^5
= $777930.25
Therefore, The Present worth is $777930.25
Answer:
a. Anywhere inside or on the production possibilities frontier.
Explanation:
In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.
The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.
On the 
the price for a supply 
with the demand for the product 
at that price, and thus all the products are sold.
It occurs anywhere on the production possibilities frontier or on the inside of the frontier.
Therefore, the correct option is (a).
