Answer:
Option (A) is correct.
Explanation:
Given that,
Purchasing price of taxi = $32,000
Adjusted basis = $2,000 at the time of the accident
Cost of repair = $2,500
Insurance reimbursed Don = $700
Lesser of Adjusted basis at the time of the accident and Cost of repaired is the amount of causality loss before adjustments.
So, lesser amount is $2,000 as compared to the cost of repair ($2,500).
Therefore,
Amount of causality loss before adjustments = $2,000
Hence,
Don's casualty loss deduction:
= Amount of causality loss before adjustments - Insurance reimbursed
= $2,000 - $700
= $1,300
Answer:
7.75%
Explanation:
We are given the present and future value of the bonds, the payments, and the number of payments, but we must determine the discount rate. Since I like to use excel, I will prepare a payment a series of cash flows to determine the internal rate of return:
- initial cash flow = -1,128
- 37 cash flows = 88
- 38th cash flow = 1,088
using the IRR function:
=IRR(-1128,88 ... 37 times,1088) = 7.75%
In order for Bdj Co. to be able to sell their bonds at par value, they should offer a 7.75% coupon rate.
Answer:
$0
Explanation:
Based on the information given what will be the amount of his qualified pension income that is taxable by California will be $0 amount reason been that the income amount he received was from is formal Florida employer which will be received the following year, therefore that means that there would not be tax on the pension amount received.
Answer: push marketing strategy
Explanation:
A Push Marketing Strategy can sometimes be referred to as the push promotional strategy, and this occurs when businesses take their products to the customers.
In this strategy, different marketing techniques are used by the company to push their products to the consumers. This can be seen in the question given as Venus Inc. is utilizing different methods in order to accelerate the sale of its new product.
