Answer:
John has 7 dimes and 13 nickels
Explanation:
let N = nickels
let D = dimes
5N + 10D = 135
N = D + 6
5(D + 6) +10D = 135
5D + 30 + 10D = 135
15D = 135 - 30 = 105
D = 105 / 15 = 7
N = D + 6 = 7 + 6 = 13
Answer:
Total cost will increase and fixed cost per unit will decrease V
Explanation:
Answer:
It appears on the surface that Simon must give the stock to Fred and let Fred sell it, because Fred is in the higher tax bracket (i.e., 22% compared to Simons 12%). But for gift property, the basis of loss to the donee is the lower of (1) the adjusted basis of the donor, or (2) the amount of fair market value (FMV) on the date of the gift. Thus as Fred cannot take benefit of the loss, Simon must sell the stock, deduct the realized loss, and sales proceeds should be given to Fred.
When Simon sells the stock and handover the sale proceeds to Fred, in that case the capital gain received from the stock's sale will be taxed on Simon as per his tax bracket. The transfer of sale proceeds to Fred will not have any impact on tax.
Answer:
a.
The depreciable cost is $170500
b.
The depreciation rate is $3.1 per mile
c.
The depreciation expense for the year is $13640
Explanation:
a.
The depreciable cost is the cost of the asset that qualifies to be charged as depreciation expense over the estimated useful life of the asset. The depreciable cost is calculated as follows,
Depreciable cost = Cost - Residual Value
depreciable cost = 180000 - 9500 = $170500
b.
The depreciation rate under unit of activity method is the amount of depreciation that will be charged per unit of the asset usage.
The depreciation rate = Depreciable cost / estimated useful life in units of activity
The depreciation rate = 170500 / 55000 = $3.1 per mile
c.
The units of activity depreciation for the year can be calculated by multiplying the depreciation rate per unit by the activity for the year in unit terms.
Depreciation expense for the year = 3.1 * 4400 = $13640
Answer and Explanation:
Since in the question it is mentioned that Sam is skilled in both necklaces and earrings also he has no preference and the same amount is earned
In case when the selling price of earring reduced from $40 to $20 so the opportunity cost of necklace is decreased so automatically it would be more profitable
Also when the price is decreased so the supply curve would be shifted to the right
