Answer:
d. All of the last 12 payments he received are taxable.
Explanation:
In the case when the life expectancy is 180 months and collected 192 payments prior he died
So according to the question, all the 12 payments would be received are taxable
Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable
Therefore the option d is correct
Answer:
The correct answer is options C na d D
Explanation:
Solution
There was a difference in value of Mexican peso by the government ranging from 3.22 pesos per dollar to 5.53 pesos per dollar.
Now,
The percentage change in percentage is given as:
(beginning - ending) / ending = (3.22 - 5.53) / 5.53
Hence, the value of peso of change in percentage is = -41.77%
Thus,
The value change in currency is known as devaluation.
For floating exchange rate case, currency either depreciates or appreciates with regards to the factors of market However,
In this given question,the government has set again the value of it's currency, it is known to be either fixed or managed exchange rate.
Answer:
d.the company is precisely breaking even.
Explanation:
Margin of safety is referred to current sales - Break even sales ratio to current sales as a percentage.
Basically it is quoted as follows:
Therefore, when the current sales = Break even sales then only the company will have margin of safety = 0
Thus, at 0 margin of safety the company basically is at no profit no loss situation, that is break even.
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