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Iteru [2.4K]
2 years ago
11

Bonita earns $31,000 from her job, and she has $1,000 of interest income. She has itemized deductions of $35,000. There are no c

asualty or theft losses in the itemized deductions. What is Bonita’s net operating loss for the current year?
Business
1 answer:
andrezito [222]2 years ago
4 0

Answer:

$0

Explanation:

Bonita is a person, not a company, therefore she cannot record operating losses. This is a not a common situation since you generally don't have more deductions than gross income, but it is a possible situation. For example, if Bonita had a lot of medical expenses during the last year and they accumulated to actually more than her salary. She may have paid them using her savings, selling some assets or by obtaining a loan.

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A firm wants to create a WACC of 11.2 percent. The firm's cost of equity is 16.8 percent and its pretax cost of debt is 8.7 perc
Andre45 [30]

Answer:

Debt equity ratio = 1.01

Explanation:

given data

WACC = 11.2 percent

cost of equity = 16.8 percent

pretax cost of debt = 8.7 percent

tax rate = 35 percent

to find out

What does the debt-equity ratio need to be for the firm to achieve its target WACC

solution

we get here WACC that is express as

WACC = Wd × Rd × (1-t) + We × Ke      ..................1

here Wd is weight of debit and t is tax rate and Ke is cost of equity and

Wd + We = 1

so We = 1 - Wd

put value in equation 1

WACC = Wd × Rd × (1-t) + We × Ke

11.20% = Wd × 8.70%  ×(1-35%) + (1-Wd) × 16.80%

solve and we get

Wd = 0.5025

so We will be

We = 1 - 0.5025

We = 0.4975

and

Debt equity ratio will be

Debt equity ratio = \frac{0.5025}{0.4975}

Debt equity ratio = 1.01

6 0
3 years ago
The cost to manufacture shoes decreases. Which statement describes the expected outcome?
Irina-Kira [14]

The statement that describes the expected outcome is: c. Supply of the shoes will increase, and market price will decrease.

<h3>What is supply?</h3>

Supply can be defined as the amount of goods or product produce that is available for buyers  to buy or purchase.

If the cost of production is lower ,this will lead to  increase in production as companies will be able to buy more materials and the outcome of this is that the market price of goods or product will reduce because the cost to manufactures has reduced.

Learn more about supply here:brainly.com/question/1222851

#SPJ1

4 0
1 year ago
A ceiling fan that was purchased at a local hardware store and then is attached to the ceiling becomes _______ to the property.
Alona [7]

Answer:

The fixture, is the right answer.

Explanation:

The “fixture” is the correct answer because the term fixture refers to the piece of equipment or furniture that is fixed in the house or stays at a fixed position in the building. For example, there are many things in the house that are used only at its fixed position like the AC in the room. Once the AC is installed in the room then it is stationary, no one gonna move it from its original place. Likewise in the question, it is about the ceiling fan and the fan is also stationary as it stays at a fix position.

6 0
3 years ago
Core self-evaluations (CSEs) represent a broad personality trait comprising four positive individual traits: (1) self-efficacy,
ryzh [129]

Answer: True

Explanation:

Thw above statement is true. Core self-evaluations (CSEs) is made up of positive individual traits which are self-efficacy, self-esteem, locus of control, and then emotional stability.

There individual traits are all vital in the accomplishment of a particular objective. Individuals that have high self-evaluations believe in themselves and are known to be effective.

4 0
3 years ago
Wyd at yall skool oooooooooooooooooooooooooooooooh nvm
charle [14.2K]

Answer:

I procastinate to do my work that was due 4 days ago

8 0
3 years ago
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