Answer:
A) $4,900
Explanation:
Options are: <em>"A) $4,900 B) $5,000 C) $9,900 D) $14,900"</em>
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Particulars Amount
Original cost $25,000
Damage $30,000
Lower of the two is $25,000
Less: Insurance reimbursement <u>$15,000</u>
Actual loss $10,000
Less: Deduction $100
Less: 10% of AGI (10% of 50,000) <u>$5,000 </u>
Final Deduction <u>$4,900</u>
Note: Flat $100 is deducted from this amount and also 10% of AGI, i.e 10% of $50,000 is deducted to finally arrive at the deduction.
Answer:
Equilibrium quantity and price will decrease
Explanation:
Inferior goods are the products or services whose demand increases with an increase in price. An Inferior good contracts a normal product whose demand falls with a rise in price. Should consumer's incomes increase, the demand for inferior products and services will decrease.
If potatoes are inferior goods, an increase in incomes will result in a decrease in their demand. The equilibrium quantity will decrease. If and a new higher-yielding variety of potato plant is developed, it will create competition for the inferior potatoes. With an increase in income, consumers tend to prefer 'perceived' high-quality and more costly products. The new higher-yielding variety will be demanded more, which will result in a decline in prices for the inferior potatoes.
Answer:
Current Ratio=1.93518
Explanation:
Calculating Current Assets:
Current Assets=Total assets-Net fixed assets
Current Assets=$537,800- $412,400
Current Assets=$125,400
Current Liabilities=Total debt- Long-term debt
Current Liabilities=$388,700- $323,900
Current Liabilities=$64,800
Current Ratio=
Current Ratio=1.93518
Answer:We request a brief extension to complete the report.
Explanation: The language should be presented in a form of request,it has to be seen as one pleading for more time rather than making it in such a way as to show some harshness. This harshness or unfriendliness makes it a negative tone it should not be presented in a tone which signifies blame, complain or pride etc.
Positive courteous language helps to promote effective relationship and encourage people to assist in difficult situations.
Answer:
a. Ed is allergic to his roommate's cat.
Explanation:
In the case of coase theorem the economic conditions in which there is a conflict of proerty rights and the parties that are involved could bargain or negotiate the terms so this will correctly to be shown the complete cost also the values related to the property rights at issue that could result in the effecient outcome or result
So as per the given situation, the option a is correct
