Answer:
c. That business must be related to the taxpayer's present business for any expense ever to be deductible. 
Explanation:
If the business is acquired, the expenses may be deducted immediately by a taxpayer engaged in a similar trade or business. The expenses may be deducted regardless of whether the business being investigated is acquired.
 
        
             
        
        
        
Answer:
 $240
Explanation:
The computation of the cash flows from investing activities is shown below:
Cash flow from investing activities 
Purchased of used equipment -$240
Sale of investment $480
Cash flow provided by investing activities $240
The purchase of used equipment is a cash outflow therefore it is represented in a negative sign while on the other hand sale of investment is cash inflow so the same is presented in a positive sign 
 
        
             
        
        
        
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found form other sources:
A. $8,710
B. $8,056
C. $8,640
D. $8,678
E. <span>$8,299
</span>
The amount of money  will he have at the end of five years is C $8,640
        
             
        
        
        
Solution :
1. Allocation on the basis of 
                                               LX                               EX
Direct Material                    125000                       90000
Direct  cost                  90000                       60000
 cost                  90000                       60000
Manufacturing overhead       
                        
                               (202500/5000 x 2000)     (202500/5000 x 3000)
Total cost                             296000                       271500
Units produced                       50                               30
Cost per unit                          5920                           9050
2. Allocation on the basis of  :
:
                                               LX                               EX
Direct Material                    125000                       90000
Direct labor cost                  90000                       60000
Manufacturing overhead    121500                       81000
                         (202500/150000 x 90000)     (202500/150000 x 60000)
Total cost                             336500                       231000
Units produced                       50                               30
Cost per unit                          6730                           7700
3. Allocation on the basis of 
                                               LX                               EX
Direct Material                    125000                       90000
Direct labor cost                  90000                       60000
Manufacturing overhead    112500                        90000
                               (202500/2700 x 1500)     (202500/2700 x 1200)
Total cost                             327500                       240000
Units produced                       50                               30
Cost per unit                          6550                          8000 
 
        
             
        
        
        
Answer:
$45.027 million
Explanation:
The accounting equation shows the relationship between the various elements of the balance sheet. These are the assets, liabilities and equity. It is given as 
Assets = Liabilities + Equity
The owner's equity is made up of the common stock and retained earnings (which is the net income less dividend paid over the period).
Equity = $125.989 million - $77.152 million
= $48.837  million
Retained earnings = Equity - Common stock
= $48.837  million - $3.810 million
= $45.027 million
Digby Corporation's retained earnings is $45.027 million