The statements are:
Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns.
The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.
This is the answer to your question
Answer: $275,000
Explanation:
Given that,
Annual net income = $22,000
Capitalization rate = 8%
Value of the property = ?
Capitalization rate = 
8% = 
Value of the property = 
= $275,000
Answer:
The amount of Lantz's operating revenue is $734,000
Explanation:
The computation of the operating revenue is shown below:
= Total cash sales + Total credit sales
= $255,000 + $479,000
= $734,000
Since we have to compute the operating revenue, so we considered only revenue part not expenses part
The other information which is mentioned in the question is not being considered because it is related to the operating expenses. So, ignored it.
Answer:
C. the portion of its marginal cost curve that lies above its average variable cost curve.
Explanation:
It follows the short-run supply curve of the firm is portion of its marginal cost curve which is above the average variable cost curve.
