Answer:
The correct answer is Increased; decreased.
Explanation:
The future taxable amount is the initial figure on which a specific type of tax is applied to calculate the value of the tax to be paid. The tax base is the “monetary or other magnitude that results from the measurement or valuation of the taxable event” and establishes its estimate according to three methodologies:
- Direct estimation, used in a general way. It is calculated from the data available to the tax payer, for example, through the accounting books.
- Objective estimation, established by law for specific cases. It is not fixed on real data, but rather uses ratios or quantities that allow an average to be made. For example: according to the number of workers.
- Indirect estimate, for cases in which the Tax Agency does not have all the necessary data to establish the tax base.
Answer:
A Mary Kay consultant who deducts travel expenses and whose small customer base was mostly relatives who lived out of town.
Explanation:
A not for profit activity (or hobby) is something that you do simply because you like to do it and generally you should not make a profit from doing it.
A Mary Kay consultant is actually a salesperson whose job is to sell Mary Kay products. Whether she is able to make a profit or not is something different, but selling Mary Kay is actually considered work. Since they are independent consultants, they are considered independent contractors that must file their income taxes.
Answer:
The correct answer is <em>The child will experince decreased muscular and neurologic functioning until death occurs</em>.
Explanation:
Tay-Sachs disease is a rare degenerative disease that affects the brain and central nervous system and is hereditary, autosomal recessive (more common in descendants of Hebrews).
It is one of the diseases by lysosomal deposition. Individuals who suffer from it are unable to produce a lysosomal enzyme called hexosaminidase-A that participates in the degradation of gangliosides, a type of sphingolipid, that accumulate and degenerate to the central nervous system. It is included within lipidosis or lipid storage diseases.
Answer:
Economic profit is $0
Explanation:
Economic profit is sales revenue minus both explicit and implicit costs.
Explicit costs are the costs that involve actual cash movements,whereas the implicit costs are the costs or benefits forgone,for the benefits Bob had to forgo in order to run his own business such the salaries that could he could earn if he takes up an employment rather than self-employment.
Sales revenue $90,000
less explicit costs:
Insurance ($5,000)
Material costs ($25,000)
Lease payments ($10,000)
implicit cost:
Salaries forgone ($50,000)
Economic profit $0
Answer:
The correct answer is the option D: the equilibrium price of MP3 players will increase; the equilibrium quantity will decrease.
Explanation:
First of all, the supply and demand curves are the graphical representation of the price and the quantity demanded and supplied respectively in each case. Moreover, in the graphic when both curves are in equilibrim that means that there is a single point in where the price and the quantity are established together for the market. Furthermore, when there is a shift of any curve that point will be changed so when there is a shift in the demand curve to the right the price will increase and the quantity will increase but if there is a shift in the supply change to the left and that shift is greater then the price will increase but the quantity will decrease.
