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Eva8 [605]
3 years ago
14

3. During the year, Walt travels from Seattle to Tokyo (Japan) on business. His time was spent as follows: 2 days’ travel (one d

ay each way), 2 days’ business, and 2 days personal. His expenses for the trip were as follows (meals and lodging reflect only the business portion):
Air fare 3,000

Lodging 2,000

Meals and entertainment 1,000

Presuming no reimbursement, Walt’s deductible expenses are?

a. $3,500.

b. $4,500.

c. $5,500.

d. $6,000.

e. None of these.
Business
1 answer:
Andrew [12]3 years ago
4 0

Answer:a

Explanation:

easy

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how do free cash flows available for debt and equity stakeholders differ from free cash flows available for common equity shareh
Alik [6]

The value of free cash flows for common due to the fact that they are made up of funds available for distribution to shareholders as dividends. Alternatively, this is Distributable Cash.

Financing operations are excluded from the calculation of free cash flows to common equity owners if: the capital expenditures adjustments .Investors and business analysts value free cash flow because it indicates how much available cash your organisation has. They frequently evaluate your free cash flow to determine whether your business has the money to pay down debt, distribute dividends, and repurchase shares.Because it affects a company’s capacity to generate cash from operations, a company’s net income has a significant impact on its free cash flow.After all required capital investments and distributions to shareholders have been made, the remaining cash flow is known as free cash flow.Cash flow from operations less capital outlays is known as free cash flow to equity.The maximum amount that may be distributed to shareholders as a dividend is represented by FCFE.

To know more about Cash Flow visit:

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4 0
1 year ago
Consider the following production function: q = 7LK + 5L^2 - (1/3) L^3. Given the following expressions for the marginal product
natali 33 [55]

Answer:

The  value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285

Explanation:

MRTS_KL = MP_L/MP_K

                 = (7K + 10L - L^2)/7L

                 = (7*30 + 10*15 - (15)^2)/7*15

                 = 1.285

Therefore, The  value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285

6 0
3 years ago
A profit-maximizing firm in a competitive market is currently producing 200 units of output. It has average revenue of $9 and av
german

Answer:

It breaks down on two parts to be fully explained.

Explanation:

Part 1

The correct answer is:

The D option (All of the above are correct) which applies perfectly in the firms of competitive markets.  

Part 2

Referred to Table 2.

For this firm, the average revenue from selling 3 units is A) $12. B) $4. C) $3. D) $1.

Table 2

The reference to table 2 represents a demand curve faced by a firm in a competitive market.

Price Quantity

$4         0

$4         1

$4         2

$4         3

$4         4

$4         5

The correct answer is:

The B option ($ 4)  which it would represent the overall average revenue from selling 3 units.

7 0
3 years ago
The marginal seller is the seller who Group of answer choices cannot compete with the other sellers in the market. would leave t
Sophie [7]

Answer:

would leave the market first if the price were any lower.

Explanation:

Utility can be defined as any satisfaction or benefits a customer derives from the use of a product or service.

Thus, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

A marginal seller refers to an individual or business firm that is most willing to sell his or her goods and services at a price that is typically equal to their economic cost while forfeiting producer surplus.

A producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Hence, a marginal seller is the seller who would leave the market first if the price were any lower.

8 0
3 years ago
A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you n
torisob [31]

Answer:

250 hours.

Explanation:

Cost of course : $500

The extra income from the course is $2 per hour

to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.

Number of hours required = $500/2

=250 hours.

7 0
2 years ago
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