Answer:
d. $ 46,500
Explanation:
Particulars Amount Remarks
Interest income $15,000 Given
Qualified dividends $9,000 Given
Net capital gain $22,500 Given
Total $46,500
The maximum amount of Chen's Investment interest expense deduction for the year is $46,500
Answer:
C.Sole proprietorship
Explanation:
Which of the following organizational structures led to massive increases in the deployment of capital in the US and UK in the nineteenth century?a. Limited liability companies
b. Partnerships
c. Sole proprietorships
d. Worker cooperatives
Sole Proprietorship is a business structure owned by one person. He manages the business alone. Handles the risk and profits alone. This form of business pays more in tax to the government than Big business owners or investors.
In the nineteenth century, there was a shift in industrial revolution. Before ,lots of the people worked as labourers in large textile factories, rubber plants, shoe factories etc. The citizens of the these countries saw the need to establish there businesses as Governments began establish incentives that makes small business owners to thrive and survive.
Answer:
LIFO Periodic method
Explanation:
The LIFO means Last In First Out this means that item that have been stocked today would be sold first although there’s still some inventory from previous periods.
Using LIFO would result in lower ending inventory because closing inventory would be valued at low price which they had been bought assuming that there’s now a hick in price and goods in the warehouse were stocked when prices were low.
LIFO is used for the manipulation of profit.
Assuming you're talking about the US justice system . . . individuals still have rights when they are accused of criminal acts because our justice system requires that each individual be innocent until proven guilty in a court of law. Until such point that they are proven guilty, they are assumed innocent, and are entitled to the same rights as you or I am, having not committed any criminal acts. . . . THEY HAVE TO BE PROVEN GUILTY FIRST BEFORE THEY LOSE ANY RIGHTS AS A CITIZEN
Answer:
The NPV of this investment is $64,581.75
Explanation:
Hi, we need to discount to present value all the future cash flows, the formula to use is as follows:
Where
NPV = Net Present Value
CF = The cash flow stated in the problem by year
r= discount rate (in our case, 0.08 or 8%)
Now, let´s solve this.
So, the net present value of this project is $64,581.75
Best of luck.
