Answer:
d. $102,250.
Explanation:
The computation of the selling price is shown below:
= Bond face value × quoted price
= $100,000 × 1.0225
= $102,250
To determine the selling price we multiplied the bond face value with the quoted price so that the accurate selling price can come.
We simply fraction the quoted price and then divide it by 100
In mathematically,
= 409 ÷ 4
= 102.25 ÷ 100
= 1.0225
Answer:
$40,500
Explanation:
The computation of the bill payment paid by the insurance is shown below"
= Medical bill incurred cost × percentage given + deductible amount
= $50,000 × 80% + $500
= $40,000 + $500
= $40,500
We simply added the medical bill insured cost based on the percentage and the deductible amount so that the accurate amount can come
Answer:
$1,653
Explanation:
Austin can only file a mileage expense deduction for the miles he drives for business purposes; only 2,850 miles were driven for business purposes from his to the gym. Miles driven from your home to work or vice versa are not deductible.
to calculate the mileage expense we multiply the amount of qualifying miles times the standard deduction rate = 2,850 miles x $0.58 per mile = $1,653
According to the IRS website, the number of days that refunds are deposited to an account is 21 days. When it goes beyond that, there might be certain errors or problems in the transaction. Once you file for refund, it will take 24 hours before the request will reach the IRS or when mailed, it will take around 4 weeks.
A. Bid/no bid decision
A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.
